ILLUVIUM - ILV/USDT
ILLUVIUM - ILV/USDT
- USDT (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: ILVUSDT
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ILLUVIUM - ILV/USDT - Weekly - Technical analysis published on 09/06/2024 (GMT)

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  • 09/06/2024 - 06:30
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  • Timeframe : Weekly
  • - Analysis generated on 09/06/2024 - 06:30
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 43.16 USDT
My targets
29.30 USDT (-19.09%)
20.84 USDT (-42.44%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ILLUVIUM - ILV/USDT as long as the price remains well below 43.16 USDT. The sellers' bearish objective is set at 29.30 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 20.84 USDT. In case of crossing, the next objective would be the support located at 6.98 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Mayvenate. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The ILLUVIUM - ILV/USDT rating is 36.21 USDT. Over 5 days, this instrument lost -4.08% with the lowest point at 34.10 USDT and the highest point at 38.78 USDT. The deviation from the price is +6.18% for the low point and -6.63% for the high point.

34.10
38.78
36.21

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ILLUVIUM - ILV/USDT:
Created with Raphaël 2.3.0-80-60-40-20020January 1st1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Weekly of this ILLUVIUM - ILV/USDT chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Weekly



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Weekly


CCI indicator: bullish divergence

Type : Bullish

Timeframe : Weekly


RSI indicator: bullish divergence

Type : Bullish

Timeframe : Weekly


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 36.21 72.94 150.11 486.27
Change (%) - +101.44% +314.55% +1,242.92%
Change - +36.73 +113.90 +450.06
Level - Minor Major Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.2134.4135.1636.3637.1138.3139.06
Camarilla35.3835.5635.7435.9236.1036.2836.46
Woodie33.0034.3034.9536.2536.9038.2038.85
Fibonacci34.4135.1535.6136.3637.1037.5638.31


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard21.2129.1033.4241.3145.6353.5257.84
Camarilla34.3935.5136.6337.7538.8739.9941.11
Woodie19.4428.2131.6540.4243.8652.6356.07
Fibonacci29.1033.7636.6441.3145.9748.8553.52


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.9820.8429.3043.1651.6265.4873.94
Camarilla31.6133.6635.7037.7539.8041.8443.89
Woodie4.2719.4926.5941.8148.9164.1371.23
Fibonacci20.8429.3734.6443.1651.6956.9665.48

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Sell11
Moving averages
Created with Raphaël 2.3.0Sell25

RSI (14): 34.99
MACD (12,26,9): -14.1600
Directional Movement: -11.22
AROON (14): -92.86
DEMA (21): 46.96
Parabolic SAR (0,02-0,02-0,2): 61.44
Elder Ray (13): -18.48
Super Trend (3,10): 80.71
Zig ZAG (10): 36.39
VORTEX (21): 0.8400
Stochastique (14,3,5): 7.78
TEMA (21): 34.10
Williams %R (14): -96.50
Chande Momentum Oscillator (20): -43.69
Repulse (5,40,3): -33.8400
ROCnROLL: 2
TRIX (15,9): -1.7300
Courbe Coppock: 95.22
MA7: 36.64
MA20: 41.01
MA50: 49.07
MA100: 60.74
MAexp7: 45.32
MAexp20: 63.17
MAexp50: 79.40
MAexp100: 128.19
Price / MA7: -1.17%
Price / MA20: -11.70%
Price / MA50: -26.21%
Price / MA100: -40.39%
Price / MAexp7: -20.10%
Price / MAexp20: -42.68%
Price / MAexp50: -54.40%
Price / MAexp100: -71.75%

Quotes : 09/06/2024 - 06:29 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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