Battle Infinity Market Forecast: IBAT Continues to Make Progress Upward
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Free Crypto Signals Channel
Free Telegram Channel
Battle Infinity Market Forecast – October 6
Battle Infinity market forecast is for the coin to keep making upward progress till the bulls regain dominance of the market.
IBAT/USD Long-Term Trend: Bullish (1-Hour Chart)
Key Levels:
Supply Zones: $0.0023840, $0.0026420, $0.0034440
Demand Zones: $0.0022000 $0.0019030, $0.0015930
Battle Infinity is making progress towards pushing the price upward. Doing this will help the buyers regain control of the market and drive the coin further upward. The first goal is to pump the coin through all the key levels that failed to bear the market up when it was dropping. The $0.0029680 key level was once a support for the coin and will likely pose another obstacle, but IBAT will get through.
Battle Infinity Market Forecast: IBAT/USD Outlook
IBAT needed more strength to cross over $0.0034440. Hence, to allow more buyers to contribute to the course of the coin, the price dips to a lower level at $0.009103, by which the buyers can contribute to the price.
As the price dropped to $0.009103, the buyers regrouped and began to immediately influence the market. It is still a tussle with the sellers, but the bulls are making progress upward.
Since the price dropped to $0.009103, in which market volatility hit rock bottom, the volatility has begun to rise, making a higher low and higher high. The latest candlesticks have traded above the MA period 50 (Moving Average).
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
The 15-minute chart also shows an increase in bullish activity. Upon dropping to the support level, the market has gradually been pushing upward. The MA period 50 is no longer overshadowing the market as it drops. The upward inclination of the price is very strong and they hope to push through it.
The ATR (Average True Range) indicator on the 4-hour chart confirms the bullish activity in the market. There is a significant movement as the ATR line has made an appearance to show that price volatility is gradually on the rise. Battle Infinity is expected to keep pushing up till it gets to as high as $0.0034444.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
Note: Cryptosignals.org is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
