Battle Infinity Market Forecast: IBAT Remains Bullish After Breaking Resistance Levels
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Battle Infinity Forecast – January 17
Battle Infinity market forecast is aimed at $0.001980
IBAT/USD Long-Term: Bullish (1-Hour Chart)
Key Levels:
Demand Zones: $0.001800, $0.001760, $0.001680, 0.001620
Demand Zones: $0.001890, $0.001980, $0.002000, $0.002200
Battle Infinity continues to ascend as the intraday candles rest above the Moving Averages (89 and 200).
Battle Infinity Market Forecast: Market Outlook
The Moving Averages crossed on the third when the market was oversold, as signified by the MACD (Moving Average Convergence Divergence). The Moving Average period 30 crossed the Moving Average period 50 to the upside to reveal the initiation of the uptrend.
The market consolidated on the 8th at $0.001680 before a bullish takeoff to $0.001800. The retracement back to $0.001769 aided the buyers to fill up more orders. The buying pressure led to new highs on the Battle Infinity market.
A bullish trend-line appeared to support the hourly candles from $0.001760 to $0.001980. The market had retraced to the demand level of $0.001800 to gather bullish momentum to keep ascending. The MACD is showing a sign of a rise in price as the market is currently oversold.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
On the lower timeframe, there is a prominent bullish break of structure. The market is ascending through an upward channel in the lower time frame.
IBAT has proven to be reliable as it rises amidst a general bearish wave in the market.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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