Battle Infinity (IBAT) Price Breakout and Bullish Continuation

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Battle Infinity (IBAT) Price Forecast: November 17
IBATUSD is currently trading in a strong bullish market. Battle Infinity (IBAT) Price Breakout and Bullish Continuation The coin may likely increase further if the bulls could push the price high and the market price sustains above the $0.004500 high mark, the potential rally could surge above the $0.08000 higher level to hit the $0.1000 upper resistance value.


Key Levels:
Resistance Levels: $0.004500, $0.004600, $0.004700
Support Levels: $0.002300, $0.002200, $0.002100

IBAT (USD) Long-term Trend: Bullish (1H)
Battle Infinity is in a positive movement today. The price is strongly trading in a bullish momentum in its higher time frame. This looks nice for the buying trader and signifies a buy signal.
Battle Infinity (IBAT) Price Breakout and Bullish ContinuationThe coin price breakout at the $0.002541 resistance value above the two EMAs as the 1-hourly chart opens today indicates the high buying impact from the bulls resulting in intraday gains.

Moreover, the price pattern warns of prolonged buying with the double bottom forming in the long-term chart.

Next, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic. It is expected of buyers to push the price of IBATUSD further up to a significant level in the upsides and in this case the target might be a $0.1000 supply level in the higher time frame.

IBAT (USD) Short-term Trend: Bullish (15 Minutes)
On the lower time frame, prices of IBATUSD are above the moving averages and have confirmed a bullish momentum breaking the previous high. The pair is in a smooth uptrend as can be seen from the chart below.
Battle Infinity (IBAT) Price Breakout and Bullish ContinuationThe coin price rises significantly above the resistance trend lines at the $0.002540 level as the 15-minute chart begins today. This is due to a high bullish impact on the market price.

Hence, Battle Infinity is showing more upside possibilities as indicated by the daily stochastic which is pointing in an upward direction. We can certainly expect more gains and strength from the coin as the bulls continue to dictate the market conditions. The pair may likely reach the $0.1000 resistance level in the days ahead 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.