ILV / TetherUS
Short

ILV Oversold ABC "C" is 22.00 35.00 is Key to hold

Not financial advice
We have a harmonic ABC pattern playing out here
Parabolic trendline on RSI has broken.
And we should start to see our descent down to 42-45 range first first then up to around 48 level before ultimate drop to 22.00
35.00 right now is area of interest to hold kinda the mid point in a sense.
Within these overall patterns we have mini patterns of moves.
Like this move from 35-51 gave us our B from the bottom.
Now we must find the "C"

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.