Battle Infinity Price Anticipation: IBAT Is Peaking for a Bullish Surge
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Battle Infinity Price Anticipation – September 6
Battle Infinity price anticipation is for the coin to break out imminently as it reaches the tip of its symmetrical triangle pattern.
IBAT/USD Long-Term Trend: Bullish (1-Hour Chart)
Key Levels:
Supply Zones: $0.555900, $0.087900
Demand Zones: $0.0040250, $0.0030800
Battle Infinity is peaking with its bullish surge. Since the inception of the coin, it has been more of a bearish affair since the price failed to bypass the $0.0087900 supply line. The bears went into a rage for a while. The buyers have, however, strengthened themselves and are taking the challenge back to the sellers. A symmetrical triangle pattern will give the price a strong upward push.
Battle Infinity Market Forecast: IBAT Is Strongly Bullish
The $0.0030800 demand zone remains the turning point for the market. The demand zone easily helped the buyers convert the price direction to an upward trend.
The upward movement was initially sharp, but it was tempered when the price failed to bypass $0.0055020. Though the market has not risen past the level, it didn’t plunge into much depth.
The market is upheld by the $0.0040250 demand level as it tapers to the tip of a triangle formation, ready for a massive breakout. The Stochastic Oscillator lines show an imminent rise is expected because of its position in the oversold region.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
On the daily chart, the RSI (Relative Strength Index) confirms that the price is set for a rise from an oversold position. If the bulls are aggressive enough, IBAT will surge and breach the upper border of the triangle, bypassing several key levels. The RSI chart on the 15-minute time frame is in agreement with that of the daily chart.
The price has touched down at the lower border of the triangle and is set to push upward. The 15-minute chart shows the Stochastic Oscillator making gradual steps out of consolidation as the price peaks for an upsurge. Battle Infinity will likely aim for $0.0087900.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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