ILV looks great here to buy some. Some whales are adding some ilv in their wallets and making buying pressure.
On 613.70 we will have free risk ,then stay patiently to see the desired targets.
*4H Chart
Play2Earn segment is alive now. Some project already show impulse, ILV isn't. At this moment you can see resistance re-test from above. We can get up to 20% way to the first take profit.
Divergence and potential next move for Illuvium. Downward wedge potential break out could happen, could it happen in the next coming few weeks or do we need to wait until it retraces back down?
In the Metaverse startup bubble, we are witnessing the fall of several assets.
Here I will analyze Illuvium.
The project may be well-reasoned and so on, but the price doesn't lie.
We have a book setup here.
Bullish waves from 1 to 5.
Then we have the formation of a shoulder-head-shoulder figure.
If we project the head height to the reverse (down) side, we have...
The token price of illuvium skyrocketed even without releasing a playable game. The venture has a reported $1,463,444,127.00 staked. The team recently announced that a hacker has made off with some prized rewards...BUT DO NOT DESPAIR!
ILLUVIUM An open-world RPG adventure game built on the Ethereum Blockchain. Journey across a vast and varied landscape on your...
$ilv looks like it is ready for a breakout of its rounded bottom consolidation. Breaking through horizontal resistance and needs H4 close to confirm.
1st PT $1200
2nd PT $1286
3rd PT $1393
Hello guys
According to our last analysis of ILV we expect the price can support after impact to the trendline support and rise up to the resistance zone that we shown on chart,but its not happend and break the trendline support and now the power of bearish is becoming weak it can go up to reach to the trendline resistance now
If it can break the key point level...
BYBIT:ILVUSDT
1H trend chart
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ILV is building a possible cup and handle pattern.
If price can break out the upper downtrend line, trading strategy as below.
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Profit Targets:
a) 1387.8----Fib(1)
b) 1434.9~1453.9----Fib(1.272~1.382)
c) 1494.8----Fib(1.618)
Stop losses:
a) 1300.1-----Red horizontal ray
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If you like this analysis, smash the "like button" and...
Looks like ILV / USDT is forming a head and shoulder pattern. According to perfect theory, there's a significant likelihood that the price will go down to the neckline. If this happens, pay close attention to whether the price will penetrate the neckline (if so, big downside potential) or bounce off it.
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I keep it simple and clean!
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Green support areas
Red resistance zones
Yellow zone area
Uptrend on big time frames
The number of coins displayed is limited and few
Currently the renaissance of Cryptocurrency that support metaverses
take the chance
Here is another asset I have been mentioning that has moved due to BTCs recent push upwards. The RSI looks a bit high right now so you should expect it to consolidate into a continuation pattern soon and head up even further. This will likely create a small cup and handle further confirming the move higher. Thanks again everyone!
So here is an asset I hold and I see promise in. I have been a part of their discord for awhile to see how the project is coming along. Anyways we have a bull flag signaling continuation. You can see the flag tested previous levels in line with the recent alt pullback and is now heading up. This flag has produced a target around 1800. Thanks again everyone.
Here is my take on ILV / USDT 4H. We are witnessing a triangle formation with a potential breakout.
If the price breaks out of the triangle in an upward sloping trend - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 1275$
TG2 - 1327$
TG3 - 1371$
I keep it simple and clean!
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