#ILV
The price is moving in a bearish channel on the 12-hour frame and is sticking to it well
The price rebounded well from the lower channel border at the green support level 87.00
Some minor correction is expected before completing the rise
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a...
#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
1D time frame
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ILV creating falling wedge and consolidating around historic bottom.
Breakout and retest is tining to take entry which has great RRR.
TP: 93~106
SL: 37
Hi dear friends, hope you are well and welcome to another new trade setup of Illuvium ( ILV ) with US Dollar pair.
Recently we caught more than 167% pump as below:
Now on a daily time frame, ILV has formed a bullish BAT pattern for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...
We've identified a Resistance Breakout on the $ILV/$BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
![ILVBTC: $ILV/#BTC [#Illuvium]: ResistanceBreakout](https://s3.tradingview.com/t/tsbB0mX4_mid.png "$ILV/#BTC [#Illuvium]: ResistanceBreakout")
