$ILV is on the move
Post
Ifiok Trades
·
--
Bullish$ILV
— How do you know if a long consolidation is actually bullish?
This is where market context matters.
ILV spent months building this rounded base after a major decline.
Now look at what has changed:
• Price has reclaimed the 200 EMA
• 2Sydes Trend has shifted to STRONG BULLISH
• The structure is producing higher lows
• Price is now testing the $4.10 neckline resistance area.
The chart is no longer behaving like it did during the decline.
The next problem is neckline resistance.
A clean break and hold above $4.10 would strengthen the case that this months-long base is transitioning into a new bullish phase.
If that structure confirms, the larger technical area I'm watching is around $5.49.
Invalidation lives under 3.6
See what others miss. Trade with intelligence.
#ILV #Crypto #Trading #TechnicalAnalysis #2Sydes
— How do you know if a long consolidation is actually bullish?
This is where market context matters.
ILV spent months building this rounded base after a major decline.
Now look at what has changed:
• Price has reclaimed the 200 EMA
• 2Sydes Trend has shifted to STRONG BULLISH
• The structure is producing higher lows
• Price is now testing the $4.10 neckline resistance area.
The chart is no longer behaving like it did during the decline.
The next problem is neckline resistance.
A clean break and hold above $4.10 would strengthen the case that this months-long base is transitioning into a new bullish phase.
If that structure confirms, the larger technical area I'm watching is around $5.49.
Invalidation lives under 3.6
See what others miss. Trade with intelligence.
#ILV #Crypto #Trading #TechnicalAnalysis #2Sydes