ILVUSDT trade ideas
Alikze »» ILV | Wave 3 or C continuation scenarioIn the daily and weekly time, after a complete cycle of correction and bottoming in the range of $37, a motivational wave is entered, which completes a complete cycle in the form of a 5-wave, which in the 2nd correction wave, after making a corner pattern, which according to the previous analysis He reached his goals.
🔰 But currently, this upward cycle can be continued up to the specified areas according to the momentum and type of behavior and structure.
🔰 Currently, the current zone must be broken to continue the path.
⚠️ In addition, if it penetrates and stabilizes under the red box area, this movement scenario will be invalid.
🟩Sup:Red Box
⛳️Tp1 : 177.62
⛳️Tp2 : 228.39
⛳️Tp3 : Red Box-2
⛳️Tp4 : 471.83
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ILV: Repeated Patterns - 250$ TargetILV (Illuvium) is an open-world RPG game built on the Ethereum blockchain. The game allows players to capture and battle creatures called Illuvials, which can then be traded or used in battles.
ILV has been exhibiting a repeating pattern on the chart, which could be a sign of a potential breakout.
The pattern:
Descending channel: ILV has been trading in a descending channel for several months.
Liquidity shelves: The upper trendline of the channel is characterized by a series of liquidity shelves, which are areas of high sell orders.
Breakout: Once ILV breaks out of the descending channel, it often experiences a sharp rise in price.
Why this pattern is bullish:
Failed retests: The repeated failed retests of the upper trendline indicate that there is strong buying pressure at that level.
Stop loss hunting: The liquidity shelves above the channel act as stop loss magnets, which can fuel a breakout once they are taken out.
Psychological resistance: The breakout from the descending channel could also trigger a breakout from psychological resistance at $100.
Potential targets:
If ILV breaks out of the descending channel, the first target could be the previous all-time high of $150. Further upside could see ILV reach $250 or even higher.
Conclusion:
ILV has been exhibiting a repeating pattern on the chart, which could be a sign of a potential breakout. The confluence of technical factors and psychological resistance suggests that a breakout is likely. Investors should always do their own research and exercise caution before investing in any cryptocurrency.
⚡ ILV Trade Setup ⚡📊 Analysis:
Market Observation: ILV continues to show bullish momentum and is within an area of interest.
Current Situation: ILV is trading in a favorable zone for adding to a spot position.
Strategy: Plan to add to the position on spot within the current range.
Entry Point: Consider adding to the trade between the range of $130 to $150.
Take Profit: Target profit levels at around $170 or $266.
Stop Loss: Set a stop loss just below the support level, below $127, to manage risk.
🌐 Note: Ensure to monitor the price action closely for confirmation of the entry point. Adjust the strategy based on market movements and consider factors such as volume and overall market sentiment.
SasanSeifi 💁♂ Long-Term Outlook - 3DayILVUSDT
Long-term Targets:
$130
$150
Current Price:
$109
Key Support Range:
$92
$75
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
ILV Monthly Outlook Feb 2024Fair Value Gaps (FVGs) represent zones of imbalance, occurring when prices rapidly extend in one direction. These areas typically undergo revisitation as the market seeks equilibrium. The order blocks surrounding FVGs serve as pivotal points, acting as traffic stops for ranging or triggering rejections/bounces.
The confluence area indicates a heightened likelihood of success, particularly if Bitcoin (BTC) experiences a decline, leading to a resurgence in altcoins when BTC dominance diminishes.
Anticipate a period of gradual movement as Market Makers may induce boredom through a slow creep leading up to the BTC halving. This could be followed by a temporary setback to lower expectations before a sudden upward surge. This cyclic pattern tends to repeat.
$ILV4HR:
* Golden Cross
* ASY buy signal
1D:
* ASY Buy signal
* MA50 > MA100 > MA200
* Supertrend is long
* Price > MA50
* Price > Tenkan Sen
* Price > Kijun Sen > Kumo
* MACD > 0
* Volume is rising
3D:
* ADX > 25
* MA7 > MA25 > MA99
* Supertrend is long
* Price > MA7
* Chikou Span > Price
* Volume is rising
🔄 ILV: Hovering Above Previous Resistance Turned Support! 📈💡📊 Analysis:
Current Position: ILV is hovering above a previous resistance, now acting as support.
Potential Retest: Strong chance of retesting $110.
Target: Aiming for $133, presenting a potential 20% move.
Next Support: $93 is the next support level.
📉 Possible Scenario:
Retest Scenario: Potential retest of $110 before targeting $133.
Support Scenario: Watch for support confirmation, and monitor market dynamics.
🌐 Note: Keep a close eye on ILV's behavior around key levels! 📊🚀 #ILV #SupportTurnedResistance #RetestOpportunity 📉📈
ILV Illuvium Cryptocurrency Price TargetsUtilizing the capabilities of Blockchain Technology, Illuvium provides absolute control over your in-game possessions. Every Illuvial you acquire, every weapon you create, every outfit you possess—all your diligently earned assets are consolidated in your Ethereum wallet.
Every asset is traceable on the Ethereum blockchain, validating your ownership. Granting genuine custody to the player, rather than the game itself, empowers you to accumulate and trade in-game items and collectibles in the marketplace according to your preferences.
ILV Price targets: $178, $284, $509.
ILV/USDT Indicating a Bullish Movement if ILV Breakout this area💎 ILV has recently demonstrated significant market dynamics, breaking out of a key supply area with a notable upward movement.
💎 This bullish momentum suggests that ILV may continue its upward trajectory, probability of reaching our target area.
💎 However, it's important to closely monitor the daily close candle for ILV. If the price fails to close above the supply area on the daily timeframe, it could indicate a false breakout. In such a scenario, there's a possibility of the price being rejected and moving downward, retesting the Bullish OB around 91.3 to establish new momentum.
💎 Upon reaching the Bullish OB area, it's crucial for ILV to bounce back and attempt to break above the supply area once again. Failure to do so and a subsequent breakdown below the Bullish OB could signify a bearish reversal, leading the price further downward, possibly targeting the demand area or even lower levels.
#ILV/USDT - Long - Potential 28.27%Strategy: Long
Exchange: BINANCE
Account: Spot
Entry mode: Market order in range
Invest: 5%
Exit:
• ⎿ Target 2 : 157.81 28.32%
• ⎿ Target 1 : 129.02 4.91%
Entry: 122.98 ⌁ 122.98
• ⎿ Current market price: 122.98
Stop: 109.03 (-11.34%)
Technical indicators:
Trendline break and resistance break from support. RSI momentum.
• ⎿ 24h Volume: 34577540.40094
• ⎿ Satoshis: 122.98
• ⎿ Analysis: TradingView
#ILV/USDT | Long#ILV
The downward channel was breached on a 1-day frame
We have touched an uptrend that was previously broken and thus acts as resistance
We expect a small correction before completing the upside
We have higher stability than Moving Average 100
Entry price is 91.50
The first goal is 101.21
The second goal is 108.36
Third goal 116.47
Alikze → #ILV | Waiting for pullbackIn the daily time, it is moving in an upward channel, and if it faces a correction in the specified area, you can wait for a pullback in the green box to continue the path to the next supply area. Note that if the red box area is broken, you can enter a buy position after breaking and confirming the pullback.
🟩Sup: 75$
⛳️Tp 1:100$
⛳️ Tp2 : 125$
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