Battle Infinity Market Forecast: IBAT Is Engineering an Upward Breakout
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Battle Infinity Market Forecast – October 4
Battle Infinity market forecast is for the price to successfully engineer an upward breakout. This is expected to push the coin beyond the $0.002310 resistance and beyond.
IBAT/USD Long-Term Trend: Bullish (1-Hour Chart)
Key Levels:
Supply Zones: $0.0023100, $0.0027410
Demand Zones: $0.0020000, $0.0018700
Battle Infinity is engineering a breakout beyond its current level. The market recently suffered another dip after the price kept testing the $0.003402 resistance without any breakout success. After a while, the strain of the sellers began to tell on the market. This led to a plunge beyond several levels till the coin reached $0.0018700.
Battle Infinity Market Forecast: IBAT/USD Outlook
Battle Infinity is persistent. The buyers have been working on the market. This can be seen in the consistent testing of the resistance level at $0.0034020. However, the inability of the coin to pierce the supply level led to a drop in price.
The price drops through several key levels till it touches down at $0.0018700. Afterwards, the buyers rise to the next supply level at $0.0020000 to create a higher high, as the coin puts pressure against the next resistance at $0.0023100 through a triangle pattern.
The MA Cross (Moving Average) is about to cross. This will be done after the price breaks out. The Stochastic Oscillator lines are close to the border of the oversold region and could make a reverse even from this point.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
The 15-minute price chart illustrates well the bullish reversal activity of the market. After touching down at $0.0018700, the price immediately makes an upsurge that directly pierces the $0.002310 significant level, but the inability to stabilize above the level leads to a drop back below the level. Nevertheless, LBLOCK was able to attain a higher high by stopping at $0.002000. From there, a further foray upward is made. 
The MA Cross has crossed upwards several times as the market engineers an uptrend. The 15-minute Stochastic Oscillator lines are still hovering above the oversold region. An imminent rise is expected, which will help to drive the pressure against the $0.0023100 resistance level. Afterwards, the coin will be pumped to shoot up to $0.0029770.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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