Battle Infinity (IBAT) Bullish Reversal, Target $0.02000 Level
Login

Battle Infinity (IBAT) Bullish Reversal, Target $0.02000 Level

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Battle Infinity (IBAT) Price Forecast: September 24
IBAT/USD price will most likely continue its bullish run and the price could still go higher if the price is able to break up the $0.007562, then we can expect a good upside momentum up to $0.02000.

Key Levels:
Resistance Levels: $0.008686, $0.008786, $0.008886
Support Levels: $0.007078, $0.006078, $0.005078

IBAT (USD) Long-term Trend: Bearish (1H)
The IBATUSD price maintained an uptrend for the past few hours under the influence of a rising channel pattern in its long-term outlook.
IBAT/USD price will most likely continue its bullish run and the price could still go higher if the price is able to break up the $0.007562 The bullish channel registered a $0.003200 high level above the moving averages as the buy traders signify their motive to push the correction to a significant level.

However, in theory, the rising channel is a bullish continuation pattern and intensifies the bullish momentum with the breakup of the supply trend line.

Amid the recent potential buy in the crypto market, the price of Battle Infinity rises up from the $0.003200 level to a $0.003290 high level and gave a massive breakup from the resistance mark, providing a lucrative buying opportunity.

Further, a bullish candle closing above the $0.007652 supply value will give a better confirmation of a potential uptrend. Thus a prolonged correction phase will tumble the prices up to a $0.2000 high value in the coming days in its long-term perspective.

IBAT (USD) Short-term Trend: Bullish (15 Minute)
The market value of IBATUSD on the lower time frame (15 minutes) at a $0.003450 supply level is seen slightly above the two EMAs. An indication of an uptrend and bullish sentiment.
IBAT/USD price will most likely continue its bullish run and the price could still go higher if the price is able to break up the $0.007562 This creates an opportunity for the buy traders to influence the price tendency of the coin as the market turn bullish.

Thus, Battle Infinity is pointing up in the oversold region of the momentum indicator, this indicates that the price of the crypto will still continue in an upward move, and in this case, the $0.2000 supply level may be the target in its lower time frame.

Battle Infinity has huge potential for unusually massive returns. Buy IBAT here

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News