💎 ILV has recently demonstrated significant market dynamics, breaking out of a key supply area with a notable upward movement.
💎 This bullish momentum suggests that ILV may continue its upward trajectory, probability of reaching our target area.
💎 However, it's important to closely monitor the daily close candle for ILV. If the price fails to close above the supply area on the daily timeframe, it could indicate a false breakout. In such a scenario, there's a possibility of the price being rejected and moving downward, retesting the Bullish OB around 91.3 to establish new momentum.
💎 Upon reaching the Bullish OB area, it's crucial for ILV to bounce back and attempt to break above the supply area once again. Failure to do so and a subsequent breakdown below the Bullish OB could signify a bearish reversal, leading the price further downward, possibly targeting the demand area or even lower levels.
💎 This bullish momentum suggests that ILV may continue its upward trajectory, probability of reaching our target area.
💎 However, it's important to closely monitor the daily close candle for ILV. If the price fails to close above the supply area on the daily timeframe, it could indicate a false breakout. In such a scenario, there's a possibility of the price being rejected and moving downward, retesting the Bullish OB around 91.3 to establish new momentum.
💎 Upon reaching the Bullish OB area, it's crucial for ILV to bounce back and attempt to break above the supply area once again. Failure to do so and a subsequent breakdown below the Bullish OB could signify a bearish reversal, leading the price further downward, possibly targeting the demand area or even lower levels.
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Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.