Battle Infinity Price Anticipation: IBAT maintains a steady upward momentum
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Battle Infinity Price Anticipation – August 31
Battle Infinity price anticipation is for the market to keep maintaining its steady upward momentum as it slides across an ascending trendline.
IBAT/USD Long-Term Trend: Bullish (1-Hour Chart)
Key Levels:
Supply Zones: $0.0074000, $0.0087900
Demand Zones: $0.0023160, $0.0030800
Battle Infinity has been making considerable progress in an upward direction after it broke out of its descending channel. Several key levels have been breached in the process. Currently, the price is negotiating the $0.0055590 resistance level to trade above it. Successful completion of this will strengthen the confidence among the buyers.
Battle Infinity Market Forecast: IBAT Is Strongly Bullish
The sellers had seized on a moment of weakness among the buyers to trap the price in a downward flow. The buyers fought vigorously but the market kept sliding downwards.
It was not until the market reached a solid support level that the activity of the sellers was suspended. The bulls revived and grabbed hold of the market, immediately altering the downward channel, and setting the price on the increase.
The EFI (Elders Force Index) line has recovered from a bearish stance and risen to a level of equilibrium. This shows that the dominance of power with the sellers has reduced significantly.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
On the 1hr chart, further evidence of bullish resurgence is that the RSI (Relative Strength Index)line has heaved to the bullish half of its chart and is undulating around the oversold region. However, the drop of the same RSI indicator on the 15-minute chart is due to the pullback of the coin to the uptrend line.
The Stochastic Oscillator lines of the 15-minute chart has also dipped to the oversold level. This means an imminent rise in the market is expected which will help the market past many other key levels. The target of the buyers will be to drive the coin up to the $0.0087900 significant key level.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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