Illuvium Testing the Break once againtook a nose dive after losing the Point of Control last this week.
Now we are back to push the 119 level again.
If we break through, Im interested in the Yearly vwap snappoint at 141.
ILVUSDT trade ideas
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.
ILV POSSIBILITY FOR NEW BREAKILV seems to have an interesting volume, if this volume can be confirmed, we could see a new break in the ILV level range.
$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
ILVUSDT, buy the green boxes, sell the red ones.TA with levels, volume and Fibonnaci.
This coin can make an ATH this cycle.
Right now it seem to break above the previous range, so it can fly soon.
🔄 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 📉📈
ILVUSDTmy entry on this trade idea is taken from a point of interest ABOVE an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
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
ILV Up to 200 % ?We are in a good position to potentially break out of the range after 497 days, as indicated by the formation of a flag pattern. This pattern suggests a bullish continuation, and if the breakout occurs, it could provide a significant target.
ILV Targeting Higher PricesILV Broke the descending trendline with an impulsive wave, which is now being corrected.
I'll look for reversal patterns in smaller timeframes, inside the yellow zone, for long trade.
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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🔥 Expect a Breakout Soon👉 Bullish Structure Formed At The Chat By Perfect Bull Flag By ABCDE Corrective Pattern At 1H Timeframe ,Expect a Breakout Soon Toward a 102$ And 111$ As a Short Term Targets And 155$ As a Midterm Target
$ILV LongSEED_DONKEYDAN_MARKET_CAP:ILV is at pretty important juncture right now, kindly have a look on the important levels mentioned in this video. Do comment and share what you think and if it was helpful. DYOR
ILV SHORT SETUP hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
ilv on verge of massive breakout ilv is in strong uptrend and its easy to identify moves in trending markets
so far consolidating in falling wedge and on verge of breakout expecting successful breakout and incase of successful breakout bullish rally towards 130 to 135$ in coming days
ILV ANALYSIS (4H)From where we entered "Start" on the chart, it looks like a diametric, and now we are completing the F wave of this diametric.
We have a supply range on the chart, which we have marked with red color. We can expect wave F to end in this area and see a drop for wave G.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ILV/USDT | 1W 👀In the coming months, I envision the possibility of a full-fledged wave structure unfolding, within which the current growth could represent just the first wave.
I believe that the current accumulation has a high probability of being realized upwards after breaking through the trendline resistance.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Illuvium. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Illuvium #Investment #ILV
#ILV/USDT bouncing from the strong support level in 4-Hour TF! #ILV/USDT bouncing from the strong support level in 4-Hour TF!
SEED_DONKEYDAN_MARKET_CAP:ILV needs to clear the Diagonal Trendline to gain the bullish momentum. Wait for BO and retest to long #ILCUSDT.
ILVUSDT Short opportunity 🚀 **Bearish Continuation Setup - 5-Min Chart**
**Overview:**
The market is exhibiting signs of bearish continuation, with the previous day's high consolidating. The current support trendline and VWAP on the 5-minute chart frame have been breached. The price action is forming lower highs and lows, indicating potential downward momentum.
**Technical Analysis:**
- **Entry Point:** If the price breaks below the current support at 72.80 , we'll consider entering at 72.59.
- **Target:** The target for this trade is set at 70.47 , aligning with the bearish momentum.
- **Stop Loss:** To manage risk, set the stop-loss at the previous day's high and today's high wick, around 74.04.
**Risk-Reward Ratio:**
Maintaining a healthy risk-reward ratio is essential. In this case, the potential reward of reaching 70.47 outweighs the risk of the stop-loss at 74.04 .
**Disclaimer:**
Trading carries inherent risks, and it's crucial to conduct your own analysis. This idea is for educational purposes only. Be aware of market fluctuations and adjust your strategy accordingly.
**Conclusion:**
With a clear breakdown of the technical setup, entry point, targets, and risk management, this trade aims to capitalize on the bearish momentum observed in the current market conditions. As always, stay informed and adapt to changing market dynamics. Share your thoughts and questions below!
Happy Trading! 📉🔥
