ILV | The First Bull-Market: Easy High Targets (1,060% Gu-Pot.)Illuvium has never experienced a bull-market since it was added for trading on Binance. The date was near November 2021 so the pair has only seen down. ILVBTC has been dropping for almost three years and after a new All-Time Low, it seems everything is about to change.
These are really early signals but a reversal is starting to happen. A new All-Time Low was hit yesterday and today we are seeing strong bullish action.
Other Altcoins on their Bitcoin pairs that we are tracking have been producing new highs, higher highs, on the daily timeframe for months. This indicates that this portion of the market is bullish. The fact that it is taking months to grow between 80-150% confirms that we are not only seeing a bullish jump or inverted correction, but an actual change of trend. A change of trend is the best possible scenario because growth can happen for many months and in some cases even years.
ILVBTC can move up easily and grow as much as 220% in the coming weeks. This is the first strong target but still easy. Based on how the chart looks and general market dynamics this pair can move even higher in the mid- to long-term.
You can find more data on the chart.
Thank you for reading.
Remember, buy and hold. Jumping around will not necessarily result in big losses but will dilute potential gains.
Namaste.
