Battle Infinity Market Forecast: IBAT Buyers Plan to Push Up From a Low Price
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Battle Infinity Market Forecast: December 4
The Battle Infinity market forecast is for the price to surge upward after having accumulated strength at a lower price level.
IBAT/USD Long-Term Trend: Bullish (1-Hour Chart)
Key Levels:
Supply Zones: $0.002620, $0.002420, $0.002250
Demand Zones: $0.002190, $0.002070, $0.002000
Battle Infinity is currently accumulating at a lower price level. The market is currently accumulating after dropping to a lower level. The coin has been trying to invalidate the strong resistance level at $0.002640 by directly testing it, but it seems to be taking more time. As a result, the market has dropped to accumulate at a lower level, from which it will generate enough momentum to push through and defy the level.
Battle Infinity Market Forecast: IBAT Is Strongly Bullish
Since the coin dropped to the $0.002355 demand level, the coin has only been able to breach the $0.002640 resistance once, on the 11th of November, shortly after it dropped to $0.002355.
Afterward, the supply line has been tested repeatedly without much progress. This has lasted from mid-November until the current time. The buyers are switching to another strategy.
The coin has pulled back for a recoil that is expected to pierce through the resistance level. The Parabolic SAR (Stop and Reverse) dots alternate around the candlesticks as they consolidate.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
The 1-hour RSI (Relative Strength Index) line is following the current accumulation state of the market. The line has not crossed beyond 62.5 but has been stable on the oversold border. while the line is oscillating at the midline on the 15-minute chart. When the price surges, the line is expected to dwell more in the bullish region of the chart.
Like the 1-hour Parabolic SAR indicator, the dots are alternating around the 15-minute candlesticks. It is only a matter of time before the market takes off and the dots switch to the downside of the candles. The price target is $0.003262.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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