ILV/USDT BINANCE BINANCE:ILVUSDT
The falling wedge just broke to the upside and now there's a confirmation that signals a descending triangle
Illuvium
ILLUVIUM - THE FUTURE OF GAMING ?ILVBTC MONTHLY IS LOOKING VERY GOOD..BECAUSE SOON WE WILL TELL IF IT FINDS SOME SUPPORT.. OR NOT.
It may end up coming to the 78.6% fib level. But on the daily we can see a Double Bottom . So let's see how this plays out, because at the end of the day... This project still has a lot of time to continue to grow.
ILVUSDT- Price already broke the yellow trend line; suggesting the end of this wave, which seems to be a non-standard correction (abcxabc).
- According to Elliot Wave Theory, a non-standard correction should retrace back 61.8% of the last correction (last abc of abcxabc).
- SL as soon as a new low is made (orange line).
ILV head & shoulders pattern forming at the end of the year$ILV token is heading towards major support zone at high 900s. Crypto market is in a consolidation phase, which may take a while given the severity of the latest drop. I expect a relief rally bounce at the mentioned zone of support, which happens to cross latest HTF resistance trend line. The relief rally may bring us back to ~$1300 level marked by the left shoulder. If the pattern completes it would mean that the crypto market is weak, especially altcoins market.
ILV-USDT UpdateIt looks like the H&S pattern is completed. If this support can't hold, then things can get so ugly.
ILV Breakout to 1400$ilv looks like it is ready for a breakout of its rounded bottom consolidation. Breaking through horizontal resistance and needs H4 close to confirm.
1st PT $1200
2nd PT $1286
3rd PT $1393
Illuvium (ILV) Will Grow $2000 InevitableMostly every coin has taken a significant dip from this latest flash crash. Illuvium is one of those coins that crashed right back down to it's previous all time high and it's looking like Illuvium is holding it's previous all time high as support. We're starting to move sideways which indicates we may be bottoming out of this crash and accumulation is occurring at around $1250 to $1350. We're holding a nice primary trend to the upside despite the fear in the market.
Illuvium is gearing up to be the first major triple AAA game for cryptocurrency aside from Star Atlas. As Illuvium continues to develop and get closer to releasing official gameplay, having a completed decentralized exchange, and land sale auctions expect the price to increase as the demand for the token will likely grow and FOMO sets in.
The metaverse and gaming trend will continue to grow in cryptocurrency and we're still in the embryonic stages of this sector. This sector of cryptocurrency will likely be the top performing sector of 2022. As of right now Illuvium is on a nice dip and we have a nice trough on our stochastic RSI. On the MACD we're starting to creep out of negative histogram territory indicating negative momentum may be easing up.
Keep Illuvium on your radar as it is poised to grow from these price levels once fully developed. Much peace, love, health, and wealth!
[crypto] Illuvium - ILV - Hovering around Target Zone 4Illuvium - ILV - Hovering around Target Zone 4 - Gaming and Metaverse Play - Edutainment Purposes Only!
ILV / USDT 1H - Head and shoulder patternLooks like ILV / USDT is forming a head and shoulder pattern. According to perfect theory, there's a significant likelihood that the price will go down to the neckline. If this happens, pay close attention to whether the price will penetrate the neckline (if so, big downside potential) or bounce off it.
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About Illuvium:
"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."
Source: Coinmarketcap
Seize the Metaverse Coins Renaissance Opportunity "Illuvium" ILVGreen support areas
Red resistance zones
Yellow zone area
Uptrend on big time frames
The number of coins displayed is limited and few
Currently the renaissance of Cryptocurrency that support metaverses
take the chance
Illuvium trade setupAfter a good run up Illuvium is now consolidating. I entered a trade here, The price is in a support zone now Stop loss is placed outside of the support zone. Take profit is placed in the resistance zone above
Illuvium ILVUSD Weekly ProgressThis chart is starting off crazy.
The project seems to be a hit, even though the game is not live yet.
Keep an eye on this one, as Illuvium (ILV) is a blockchain game competing with the smash hit Axie Infinity (AXS).
Target is $4400 after 365 days (970% gain)
Illuvium - Wave 5 - 0.275 ETH?Following on from my previous chart where I had a modest target of 0.08 ETH, this chart is still ridiculously bullish.
1. Second bullflag breakout to the upside
2. Target 0.275 ETH based on size of pole and sheer momentum
3. Oscillators still look ok
4. Massive volume node up top acting as support
Illuvium - Bullish1. Double bottom
2. Previous ATH flipped from resistance to support
3. Bullflag breakout
Target 0.08, circa 50% gain
