Ilvusdsignals
ILVUSDT: At the Bottom!ILVUSDT Technical analysis update
ILV's price has touched its strong bottom support for the third time. We can expect a bounce from the current support level on the weekly chart. If the price does bounce, it could potentially reach $200 within a year.
Stop Loss: $34:00
Target :150%-400%
Regards
hexa
ILV target 13512h time frame
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ILV is correcting 40% since 59 days before. This correction could be see as a falling wedge, which is a potential continuation structure. If ILV can get support around 0.382 Fib Projection, that will allow us to find target with Fibs and structural resistance.
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TP: 134~146
SL: 57.8
ILVUSD Major bullish target achieved!Illuvium (ILVUSD) hit today its 0.236 Fibonacci retracement level, the first major bullish target after the price broke above the Bear Cycle's Lower Highs trend-line. With a 1D Golden Cross expected in two weeks as long as the 1D MA50 (blue trend-line) keeps supporting, we set eyes on the 0.382 Fib (170.00) and the 0.5 Fib (271.00) in extension by March's end. The 1D RSI in invalidating every bearish divergence and shows incredible strength.
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