Battle Infinity Market Forecast: A Bullish Reversal Is Imminent on the IBAT Market
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Battle Infinity Market Forecast: December 14
Battle Infinity has given several clear indications that it is on its way to a Fair Value Gap (FVG) of around $0.0196. These are relative highs that are expected to attract investors but at discount levels.
IBAT/USD Long-Term Trend: Bullish (1-Hour Chart)
Key Levels:
Supply Zones: $0.001960, $0.002030, $0.002100
Demand Zones: $0.001580, $0.001560, $0.001510
The Battle Infinity Market has witnessed a bullish divergence with the Relative Strength Index (RSI). An upper low and a lower low appeared on the RSI and the chart, respectively. The RSI has given an early signal for the market to soar to the moon.
Battle Infinity Market Forecast: IBAT/USD Outlook
IBAT witnessed a Change of Character (CHoCH) on the 18th. The CHoCH was formed shortly after the rise in price caused by the oversold signal of the RSI. Immediately after the CHoCH, there was a liquidity buildup below a prominent FVG (Fair Value Gap).
The market has retraced to mitigate a bullish Order-Block (OB). The bullish divergence exists in the range of the bullish OB. Before the price action chart did, the Relative Strength Index indicated an upward move.
The FVG shows the region of inefficiency in the price action. The market is expected to trade back up to the FVG to cover up for the market’s inefficiency.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
On the lower timeframe, there is a bullish break of structure (BOS). The BOS on the 15-minute chart is a confirmation to purchase IBAT at inexpensive prices.
Battle Infinity is set to rise. In a shorter timeframe, adequate mitigation has occurred. The market is expected to rise to a resistance level of $0.001960.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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