Battle Infinity Market Forecast: IBAT Is on a Definite Uptrend
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Battle Infinity Market Forecast – October 10
The Battle Infinity market forecast is for the coin to continue on a definite uptrend path that has been created by the bulls.
IBAT/USD Long-Term Trend: Bullish (1-Hour Chart)
Key Levels:
Supply Zones: $0.0035100, $0.0041100, $0.0049670
Demand Zones: $0.0028750, $0.0026000, $0.0018700
The Battle Infinity coin ranged and gained momentum between the middle of September and early October. However, surprisingly, despite the amount of time range, the market didn’t break out in an upward direction immediately; instead, it even plunged lower to the next support level. This was an intentional move by the bulls, who immediately empowered the coin the minute it touched down on $0.0018700 to begin moving up a channel.
Battle Infinity Market Forecast: IBAT/USD Outlook
When the market ranged, it was cranking between $0.0035100 as a resistance level and $0.0026000 as a support level. The total number of days in which the price accumulates here is around 20.
Afterward, the price still plummeted to the next support level at $0.0018700. This seemed like a setup because the Battle Infinity market suddenly became lively. A testimony to this is the surge in the price around the 10th. The price bullishness is aided by the lower Bollinger Band, which is stretched as the coin drops to the $0.0018700 demand level. It has now snapped back, helping to push the coin.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
On the 15-minute chart, the RSI (Relative Strength Index) has adjusted itself from a sideways undulation to conducting itself in an uptrend through a parallel channel. This is evident on the 1-hour chart as well as the 15-minute chart.
The temporary retracement in the market has made the RSI line drop to the lower half of the parallel channel. Nevertheless, the momentum is still on an upward trend. Battle Infinity is expected to launch another assault at the resistance levels with a target of $0.004110.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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