Illuvium is an open-world fantasy battle game. Like many crypto-based games, ILV was also in a downtrend for a long time, almost since birth. Recently, ILV broke the major downtrend line, went up, then made a downward correction that seems a double bottom pattern been made; and now breaking the minor downtrend line too. Let's see how up this upward wave can go.
הערה:
Just an update. ILV still moving in an ascending channel.
Just an update. ILV still moving in an ascending channel.
So, ILV broke both major and minor downtrend lines, and went up. ILV could be moving upward in a minor ascending channel, although not confirmed yet. Let's see what happens.