Battle Infinity Market Forecast: IBAT Remains on Course for a Price Increase
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Battle Infinity Market Forecast – October 14
Battle Infinity market forecast is that the price will eventually achieve its goal of reaching the $0.004667 key level. The market is on course for that.
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
Battle Infinity is on course to achieve its goal of reaching the $0.004667 key level. There has been a major change in the market recently. The sellers have been stopped at the $0.002221 demand level. The buyers have fully taken the opportunity to influence the market, and have pushed it back above $0.002924. The price is on course for higher levels after accumulation.
Battle Infinity Market Forecast: IBAT/USD Outlook
The 0.002924 support level is major in the market. It prevented the drop in price for some time and was breached due to increasing pressure from the sellers.
The Battle Infinity price drop was mitigated by a higher demand level of $0.002221. The buyers set up a barricade that brings the plunge to a definite stop. Buyers are now in the driving seat.
The EMA period 50 (Exponential Moving Average) has been very instrumental. It moved below the 1-hour candles after sellers stopped selling, and has now aligned as a support level.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
Though there is little movement in the market currently, the MACD (Moving Average Convergence Divergence) chart is showing more bullish bars to reflect the upper hand of the buyers in consolidation. The alignment of the lines close to the zero level is a function of the little movement in the market.
In the 15-minute time frame, the lines of the MACD are swaying much more to the upside than the zero level. This shows that the price is on course for its bullish move. The EMA period 50 is still very much below the candles after they dropped slightly below it but recovered. The price is still firmly aiming for the $0.004667 key level.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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