🟢 Illuvium (ILV) BREAK OUT 🟢The price is poised to make a strong upward move after a minor correction.
Pay more attention to Metaverse and gaming coins as they offer high profits.
ILVUSDT trade ideas
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.
God bless illuviumI managed to buy two coins at a low price and a am holding like a Degen should, wish I brought more!
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
ILV up
ILV is respecting the upward channel and is moving up, a good 20% trade potential exists on the chart for the short term
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.
ILVUSDT - Exhaustion RetracementHigh likelihood of retracement of last pivot high rejected.
Acceptable Risk/Return ratio
IlvHi trader
Looking at the tick chart, we can see that it had a very long and heavy fall, but after the end of the fall, if you see the daily and weekly volume of this currency
ILVUSDT Next Stop $300?ILVUSDT Technical Analysis Update.
ILV Price's breakout from its resistance zone with high volume after 500 days of ranging market
Expecting good up move coming days
Buy zone : Below 110
Stop loss : $70
Regards
Hexa
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
#ILVUSDTWe are presented with two scenarios: first, if the price breaks out and retests the zone, we anticipate a gain of +150%. Alternatively, if the price fails to break out , in this situation, we foresee a +50% gain for a sell position.
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 $280. Traders and investors should stay vigilant for confirmation signals and plan their strategies accordingly.
May your ILV trades be filled with success as we navigate the exciting developments in the crypto market.
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Link below🔑
Re-entry on ILV after correctionI was able to sell off my ilv on coinbase right as this dump started, but with the impending game I am looking to have exposure. I re-entered on the dashed red line since there was a decent amount of support here. The RSI is showing a higher low and emas are starting to open back up. This was a rejection of the .114 fib as well. I still believe the handle is forming and it will have its day soon.
ILVUSDT (1H) - Bullish breakoutHi Traders
ILVUSDT (1H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 111.00 resistance level. Only the downward break of 101.30 would cancel the bullish scenario.
Trade details
Entry: 111.00
Stop loss: 101.30
Take profit 1: 117.00
Take profit 2: 126.50
Score: 8
Strategy: Bullish breakout
Possible breakout of the cup and handle ILVILV is looking to be possibly breaking out of the cup and handle I have been averaging into and charting for a few weeks. Look at the huge upswing in volume with all weekly green candles. The breakout aligns with a longer-term fib level as well which I love to see. Massive upswing of RSI as well. I think this is the breakout personally. 150$ target in 3 weeks.
ILV NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that ILV has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
Handle continues to form on ILVThis is a daily view of my weekly ILV cup and handle idea. With rising RSI and HV I think we see an explosive move soon, especially since my main gaming layer-1s/2s have been pumping (avax,matic). PYR and many other gaming tokens have been on a run. Do remember iluvium is in beta 3 and set to be fully live very soon. We do not yet have a popular crypto game to bring the masses into the space, will this be the first? We are testing the .5 fib which is a very important level and have decent support at .382.
