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Illuvium / Bitcoin

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ILVBTC trade ideas

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.
Long
by MasterAnanda
1
✳️ Illuvium Enters Wave III (145% - 245% Growth Potential)After hitting a low late October 2023, Illuvium started to move within a new bullish impulse (5 waves). The initial bullish breakout (wave i) peaked late November 2023 followed by a correction (wave ii). The correction ended as a higher low compared to the start of wave i which is necessary for the count to be valid. Wave ii is followed by wave iii, a higher high compared to the peak of wave i. Wave iii can end between 0.004939 to 0.006964 depending on the strength of the market. After Wave iii we get wave iv which is another correction (similar to wave ii). Finally, wave v should end the entire sequence and complete the bullish impulse. Wave v is the speculative wave and can send prices "to the moon!" This is not financial advice. Thank you for reading. Namaste.
Long
by MasterAnanda
📈📊 #ChartPattern Alert! 📈📊 📈 Rising Wedge 📈📈 What is a Rising Wedge? The Rising Wedge is a bearish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bearish reversal, with the price likely to break downward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two lower highs (upper trendline). Draw another trendline connecting at least two lower lows (lower trendline). 📈 What it Signals: The Rising Wedge suggests a potential bearish reversal, with sellers prevailing at lower highs within the wedge. It often forms during uptrends and can precede a significant price move to the downside. 📈 Trade Strategy: Consider short-selling or setting stop-loss levels if the price breaks below the lower trendline of the Rising Wedge. Set profit targets based on the pattern's height subtracted from the breakdown point. Implement a stop-loss to manage risk in case of a false breakdown. Remember to use other technical indicators and conduct thorough research to support your analysis before making any trading decisions. Happy charting and trading! 📉💹
by RaffDN
$ILV/BTC 8h (#Binance) Falling wedge breakout and retestIlluvium is pulling back to 100EMA support after a clear bullish move, more up-trend against Bitcoin sounds legit. ⚡️⚡️ #ILV/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 7.3% Current Price: 0.003430 Entry Targets: 1) 0.003316 Take-Profit Targets: 1) 0.003992 Stop Targets: 1) 0.002864 Published By: @Zblaba $ILV #ILVBTC #Illuvium #P2E #NFT Risk/Reward= 1:1.5 Expected Profit= +20.4% Possible Loss= -13.6% Estimated Gaintime= 3 weeks
Long
by TradingOn
#ILV/BTC - Long - Potential 49.85%Style: SWING TARGETS Direction: LONG Market: SPOT Risk: 0.25% - 1% Leverage: N/A EXCHANGE: BINANCE #BTC_ILV TIMEFRAME: 720 ENTRY: 0.003519 ⎿ TP5: 0.007038 ⎿ TP4: 0.0052785 ⎿ TP3: 0.0042228 ⎿ TP2: 0.0038709 ⎿ TP1: 0.00369495 STOP: 0.003071 Nice volume break, trade careful. Big data dropping with US PMI coming out in 3 hours. I was anticipating a BTC breakout following the Chinese PMI data tilting the markets risk on. Yet to materialise so far but follow up with a trailing stop incase w do get a btc spike. Move SL To 0.5% @TP1
Long
by CryptoNicho