Battle Infinity Market Forecast: IBAT Experiences Bullish Shift in Market Structure
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Battle Infinity Forecast – January 6
Battle Infinity market forecast has experienced a bullish shift in market structure. The market has delivered an impulsive upward move after short-term consolidation above $0.001530.
IBAT/USD Long-Term: Bullish (1-Hour Chart)
Key Levels
Supply Zones: $0.001580, $0.001640, $0.001730
Demand Zones: $0.001530, $0.001510, 0.001500
IBAT/USD has displayed a circle of correction and impulse. The market corrected to the $0.001530 support zone. The intraday candles lined up side by side without any massive displacement to the support level.
Battle Infinity Market Forecast: IBAT/USD Has Displayed a Circle of Correction and Impulse
The volatility towards the support level was minimal. The touch of the demand level at $0.001530 triggered a massive displacement to the upside.
The ADX (Average Directional Index rose significantly as the market made an impulsive move to the upside. The new uptrend appears to be very energetic. A change of character (CHoCH) appeared immediately after the price takeoff.
The gaps in the candles revealed the sudden increase in market volatility. The Parabolic SAR (Stop and Reverse) indicator has made dots below the candles show a significant price rise.
IBAT/USD Medium-Term: Bullish (15- minutes chart)
A bullish order block (OB) is prominent at 0.001580. The force of the uptrend left the bullish OB unmitigated before a bullish break of the structure appeared (BOS). 
The market is about to retest the major level at $0.001640 to shoot up to $0.001730.
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