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ILLUVIUM/TETHER USD

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ILVUSDT trade ideas

SasanSeifi| Beginning of a Move to Higher Targets?Hey there, ✌ On the daily timeframe KUCOIN:ILVUSDT , we can see that the price has shown a relative increase from the $30 support zone and managed to rise up to the $46 area after breaking the previous high at $42. Following this upward move, the price pulled back to the $36 level and experienced a positive reaction, resuming its growth. The overall market outlook is bullish, and given the current conditions, if the price stabilizes above the $42 level, the uptrend is expected to continue. In this case, the price could potentially move toward key targets of $47 and $53, with momentum possibly pushing it to $60. Reaching these new levels could indicate the formation of a Higher High (HH). Monitoring price reactions at key levels, especially after surpassing the $41 zone, is crucial. The current major support level is $36. 💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions! Happy trading!✌😎 Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Long
by SasanSeifi
ILV Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: ILV is at the edge of the support trendline and is likely to hold the price, as it has in the past. The all-time low for ILV was $28.83, but the weekly close was around $38, and so far, ILV has respected the support trendline. With the current price at $42.7, ILV is once again testing the support, and a rebound can be expected soon. The RSI is close to the oversold zone, indicating a potential reversal in the upcoming weeks. Key levels: - Support/Accumulation: $28.83-$38. - Initial Target: $150 to $200. - RSI: Close to the oversold zone. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
Long
by Cryptorphic
2
Do you a risk appetizer?hello guys! let's analyze the ILV coin! 1. Market Structure & Key Levels: Current Price: The asset is trading at around $43.37. Possible Hunted Area: The price is nearing a zone that might have liquidity pools where previous stop losses could have been triggered, making it a potential reversal area. Engulfed Area: There is a previously engulfed zone indicating strong selling pressure in the past. This area around $145 - $185 may act as a resistance if the price approaches it again. Key Resistance Level: The chart highlights a major resistance level at $256.30. This level represents an 8x potential gain from the current price. 2. Bullish Potential: 8x Target: The chart suggests a potential move towards $256.30, representing an 837.04% increase from the current price. Reversal Opportunity: If the price finds support in the identified hunted area, a bullish reversal could occur, leading to a significant upward move. 3. Risk Consideration: Potential for Further Decline: Before any potential bullish move, the price might further dip into the possible hunted area, which needs to hold as support to avoid further downside. Summary: Current Price: $43.37. Support Zone: Potential reversal around the possible hunted area. Resistance Zones: $145 - $185: Previously engulfed area, significant resistance. $256.30: 8x target from the current price. Bullish Scenario: If the price holds the hunted area, there is potential for an 8x move toward $256.30. Risk: Further downside is possible if the hunted area does not hold. ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
1
#ILV/USDT#ILV The price is moving within a descending channel pattern on the 1-hour frame and is expected to break upwards after it has largely adhered to it We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it We have a major support level in green at a price of 39 We have a trend to stabilize above the moving average 100, which supports the rise Entry price 40.00 First target 44.29 Second target 46.55 Third target 50.00
Long
by CryptoAnalystSignal