#432
In contrast to Litecoin, Illuvium appears to have more bullish potential here.
This is an interesting change up because for most of the time Illuvium has a more bearish skew.
Notice how there are supportive lower wicks after the pop (arrows)
And its now sitting just below support - in the higher liquidity zone and drifting sideways.
ILV is very much a snowflake in that it can print positive corrective action to then melt to the downside...
But when it pops it has thunderous upside.
So, that is the trade off with this coin.
Might just pop here 🤨.
This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.
In contrast to Litecoin, Illuvium appears to have more bullish potential here.
This is an interesting change up because for most of the time Illuvium has a more bearish skew.
Notice how there are supportive lower wicks after the pop (arrows)
And its now sitting just below support - in the higher liquidity zone and drifting sideways.
ILV is very much a snowflake in that it can print positive corrective action to then melt to the downside...
But when it pops it has thunderous upside.
So, that is the trade off with this coin.
Might just pop here 🤨.
This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.
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I'm noticing on TradingView that I receive more content from publishers that I BOOST / comment on and the algorithm seems to reduce my receiving content from publishers that I have not engaged with their threads.So hit the BOOST / comment if you want to receive more of my content, and obviously that also assists me in reaching more viewers 👍.
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Was drifting nicely but has now begun to melt away as crypto enters a correction.Could yet hold but this coin is a burner to hold without a technical moment - I'll wait for a better moment 🧐.
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ILVBTC Crypto1Might have called this one a bit early as the market is tanking but Illuvium is holding.
That mean it is bullish against Bitcoin while Bitcoin is slumping - and thats a very bullish signal.
If it continues like this then an entry may be a great opportunistic punt 🤨.
Broker I use: Vantage ✨
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vigco.co/la-com-inv/8g5DVv78
Private Group | $50/month 💡
Contact | t.me/ThinkFastTrading
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Broker I use: Vantage ✨
vigco.co/la-com-inv/8g5DVv78
Private Group | $50/month 💡
Contact | t.me/ThinkFastTrading
vigco.co/la-com-inv/8g5DVv78
Private Group | $50/month 💡
Contact | t.me/ThinkFastTrading
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.