ILVUSDT trade ideas
ILV - Futures TradeSo I haven’t posted for a while for many and various reasons. One of which is I have been learning/losing/winning in futures trading. I can tell you it’s been a hard learning curve which I think/hope i’ve started to get a handle on. One of the biggest things I found I needed to learn was entry points by finding to top or bottom of a movement for entry. with futures the liquidation point is “very” small usually between 2.8-3.8%. TINY.
What I’ve figured out is basically the same concepts used in long term trading apply but to a much more finite point. However, trading based on day or even 4+ hrs doesn’t work as there’s too much movement that can happen in the lower time frames (remember 2-4% in the wrong direction and your wiped). Also, almost an unavoidable factor, is BTC can move sporadically any which way and wipe you out or give you a wicked bonus depending on which way the wild ball bounces.
So what do I do. Using EWT, Fib’s etc I try to plot a coins movements in general, always initially spending time on BTC as it drags everything along with it, usually. This gives me the general trend for the market and the specific coin. To get a decent movement for a trade of a coin I look at the 1h RSI. If I can enter short above 60 downward or a long below 40 upward I should get a decent amount of movement. In addition, I look for a diversion on the 1h RSI either short or long, or there’s no trade. I look for corroborating indications on other indications like the SRSI, MacD, ADX/DI, and MFI indicators in the 1h and other timeframes. The more corroboration I get the better the trade looks.
In the example above, the large red arrow indicates where I entered the trade. The little red arrows in the indicators show corroboration, which also showed in other timeframes as well. The price range shows where the original liquidation was at the time of the trade, a 2.99% margin, which I adjust right away to about half that, or 1.86%. I don’t want to lose more than half my trade amount. I target a standard 3-1 risk ratio based on my adjusted initial liquidation setting.
The little white arrows show where I placed my stop loss before going to bed. The circles show the optimum get out point which happened in the middle of the night while I slept. Should have placed a market sell order at the 3-1 of $87.37 but I didn’t. My bad. Anyway, this morning I was waiting for the retest of the low but issued it because the wifi went out for a couple hours (fairly common here in Bali), and finally exited the trade at the big green arrow.
Result, 100% gain in just around 22h. The strategy is not perfect, not all trades work out, of course, but following this strategy has given me better returns with more wins than loses. I am continuing and refining this strategy constantly. Have a Merry Holiday Season all.
My thoughts, not advice Oklah. Cheers
ILV - A great buyHi,
I have added more ILV to my portfolio this week around the $100 price area. They have been building throughout the bear market they have a nicely sized capital to continue building into the future. This month they have partnered with Epic Games.
This crypto could easily reach ATH over the next 12 months, looking at roughly a 15x gain.
I think every gaming portfolio should be including ILV, it's an easy play from here.
ILV/USDT Opportunity with 3.6% Risk-Reward RatioAnalysis by SK System
Current Price: $111
The recent correction from the vague B-C has reached the ideal level for a bullish reversal, pointing towards a potential upswing to $117 or even $119. The price is currently positioned at $111, and historical data suggests that a turnaround is imminent.
Key Points:
Correction Level: The correction of the vague B-C has reached a significant level, indicating a potential shift in market sentiment.
Upside Potential: Anticipating a bullish reversal with a target range of $117 to $119.
Risk Management: Implementing a stop-loss at $109.2 to mitigate potential losses and adhere to a disciplined risk management strategy.
Trade Details:
Entry Point: Current market price ($111)
Target Price: $117 to $119
Stop-Loss: $109.2
Risk-Reward Ratio: 3.6%
ILV rebounced from the Demand ZoneILV is trying to catch the momentum with its deficient circulation supply, I believe it could reach new highs any time soon with some volume
This area has been holding strongly for some time, so consider it and keep an eye on ILV
Your SL will be closing 1d below the red line
All the best insha Allah!
Iluvium testing historic resistanceILV is testing historic resistance like I hoped after a rejection and consolidation. This is one of the most hyped games in all of crypto. I added an updated local demand, and you can see the trend has been strong since the cup and handle breakout. The exciting thing for me is that RSI is coiling up so I believe we are about to see a fierce move like super token. The 20-50 EMAs are again pointing upward and parallel. I added average true range to give a picture of the volatility jump we saw with the healthy cooldown. I am net long and have been since my stated re-entry a a while back.
ILVUSDT (4H) - Bearish reversalHi Traders
ILVUSDT (4H Timeframe)
Waiting for the downward break of 104.50 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 120.20 would cancel the bearish scenario.
Trade details
Entry: 104.50
Stop loss: 120.20
Take profit 1: 95.00
Take profit 2: 84.00
Score: 4
Strategy: Bearish reversal
ILVUSDT (4H) - Bullish breakoutHi Traders
ILVUSDT (4H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 123.00 resistance level. Only the downward break of 104.50 would cancel the bullish scenario.
Trade details
Entry: 123.00
Stop loss: 104.50
Take profit 1: 134.00
Take profit 2: 152.50
Score: 8
Strategy: Bullish breakout
Illuvium Daily Confluence AreaProper TA is all about finding areas of confluence (multiple key levels in a common area).
You cant predict the market, you watch how it reacts to its own history.
Here we have a volume profile Point of control lining up next to a 618 Fib golden pocket.
Illuvium just partnered with Gamestop + immutable X and will release nft sales tomorrow June 12th. If this news doesn't pump the price then i see us drop down first then make our way up to the golden pocket.
➕200% growth in Illuvium (ILV)🚀👋Hi, everyone. I hope you had a great weekend.
💡Today, I want to introduce you to a Token that can grow by ➕200% .
💡The name of this token is Illuvium(ILV) .
📚 What Is Illuvium (ILV)❗️❓
Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Often touted as the first AAA game on Ethereum, Illuvium looks to provide a source of entertainment to both casual gamers and hardcore DeFi fans through a range of collecting and trading features.
💡The Illuvium(ILV) chart shows us a standard Double Bottom Pattern in the weekly time frame.
🔸The Illuvium(ILV) moved towards the 🔴 Resistance zone($108_$88) 🔴 with more volume after the formation of Bottom(2).
🔸Also, we can see Regular Divergence(RD+) between two Bottoms .
🔔I expect the Illuvium(ILV) to start rising again after the correction , so I'd better wait for the correction.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Illuvium Analyze (ILVUSDT), Weekly time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ILV rejected at resistance 118$The ilv cup and handle did end up playing out hugely, you just had to be patient and not lever yourself into oblivion. This 118$ resistance is likely the largest resistance the token has in its history. Since most of the tokens history is rocketing upward or downward, not much meaningful price structure has been created. This is partially why these tokens can pump so hard, there are no old sellers left. If you look bad on the daily most of my dashed green resistances are only two days of price action.
This resistance is about 45 days of price action which is why it is so important. The best course would be for the token to correct to the red fib line or the demand and consolidate for a few pushes at 118$, but with the current hype it could blow right past, regardless I am net bullish, but I am not using leverage.
ILV/USDT: High profit potential with decent riskThis is a perfect example for textbook swing trade.
Price is waiting to breakout from the resistance line after a significant crash and consolidation.
Price trend has reversed and the only way is "UP" with the current bullish sentiment.
Enter the trade only after the successful breakout. Wait for our confirmation before entering trade, we will update this ideas with our entry
Entry Price : 120-130 (Wait for our entry)
StopLoss : 70
TP1 : 150
TP2 : 190
TP3 : 250
TP4 : 350
TP5 : 450
Stay tuned for more updates.
Please like and share your thoughts in the comments.
Cheers
GreenCrypto
ILV buying zone i see the red zone as a good zone for buying ILV .(for investment only)
if BTC bottom at 14-10 k , ILV would bleed more with the other ALTS .
not a financial advice , only for entertainment purpose .
notice : as we are right now , 21-17k BTC range , every one can begin to accumulate their desirable tokens , for example 30% now and the rest when prices reached the area mentioned , because the market is a guessing game , no one know exactly what would happen . its okay to start DCA now , because we are already +80% down from almost all ALTS ATH . I want to point out , that the price could go even lower than the zone mentioned , however , as i mentioned before , from here every one can start DCA , no one could catch the real bottom unless he has a time travel machine .
thank you
ILV : Breaking Wedge - $280 Target🎯Exciting times ahead as ILV (Illuvium) showcases remarkable strength following its breakout from a falling wedge pattern. The charts are signaling a bullish trajectory, with the initial target and resistance level set at $108. Let's dive into the details of ILV's promising outlook. 📈💪
ILV's Bullish Breakout:
Falling Wedge Pattern: ILV has successfully broken out of a falling wedge pattern, a bullish signal indicating potential upward momentum.
Strength in Charts: The price action post-breakout suggests a surge in buying interest, contributing to ILV's current bullish stance.
Key Price Levels:
First Target: $108: The immediate target for ILV aligns with a significant resistance level at $108. Achieving and sustaining this level would mark a crucial milestone for further upside potential.
Extended Target: $280: Looking beyond the initial target, ILV has the potential to reach $280, representing a substantial upside if the current bullish momentum persists.
Trading Strategy:
Confirmation of Strength: Wait for confirmation through sustained positive price action and volume to validate ILV's strength in the breakout.
Entry Points: Consider strategic entry points based on pullbacks or retests of support levels, aligning with your risk tolerance and trading strategy.
Risk Management: Implement risk management measures such as stop-loss orders to protect your investment in case of unexpected market movements.
Conclusion:
ILV's breakout from the falling wedge pattern signals a potential bullish trend, with $108 as the initial target and a promising outlook extending to $280. Traders and investors should stay vigilant for confirmation signals and plan their strategies accordingly.
May your ILV trades be filled with success as we navigate the exciting developments in the crypto market.
❗️Get my 3 crypto trading indicators for FREE!
Link below🔑
Re-entry on ILV after correctionI was able to sell off my ilv on coinbase right as this dump started, but with the impending game I am looking to have exposure. I re-entered on the dashed red line since there was a decent amount of support here. The RSI is showing a higher low and emas are starting to open back up. This was a rejection of the .114 fib as well. I still believe the handle is forming and it will have its day soon.