Battle Infinity Market Forecast: IBAT Is Set For An Imminent Upsurge
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Battle Infinity Market Forecast – August 21
Battle Infinity market forecast is that the price is showing strong bullish prowess and has conformed to an ascending triangle. The market is set for a strong upsurge.
IBAT/USD Long-Term Trend: Bullish (1-Hour Chart)
Key Levels:
Supply Zones: $0.0115370, $0.0087890
Demand Zones: $0.0074000, $0.0023160
IBAT begins its lifecycle with a strong bullish outlook. Buyers are fully exploring and exploiting the potential of the coin as they continually pump it. Therefore, IBAT is seen to rise in a step-wise fashion. The characteristic of the bullish movement of the market is that it continually achieves higher highs and lows, breaking through multiple key zones in the process.
Battle Infinity Market Forecast: IBAT Is Strongly Bullish
The market kick-started on the 17th of August with aplomb, with the bulls immediately driving the price high and hard. IBAT immediately spikes up to the $0.0115370 significant level with enthusiasm.
The market eventually stabilizes itself by settling just below the $0.0040060 price level. Having passed the stage of excitement, the real bullish potential of the market begins to show as the coin climbs up in a step-wise trend.
All the indicators support a bullish market. The MA period 14 (Moving Average) lines up with an uptrend line to form a solid support base. Meanwhile, the EFI (Elders Force Index) only lies in a positive value to show bullishness.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
The ascending triangle pattern that the market conforms to is more pronounced on the 15-minute chart. The price gyrates up the trend line but is limited at the $0.0087890 critical level. The coin has tapered to the tip of the triangle, and a strong bullish surge is imminent.
The MA period 50 lines up with the candlesticks in an upward direction, while the EFI line has dropped and is undulating around the zero level of the chart. The buyers are expected to take full advantage of the market position to pump the price. It is expected that IBAT will rise to properly overcome the $0.0115370 resistance level where it initially surged to.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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