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

Azeez Mustapha

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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 $0.007562The 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 $0.007562This 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

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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