Battle Infinity (IBAT) Price Reversal at the $0.0002405 Support Level

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Battle Infinity (IBAT) Price Forecast: November 18
The IBATUSD pair is bound to rebound at the moment after completing the dip-lows.  Battle Infinity (IBAT) Price Reversal at the $0.0002405 Support Level. A successful break out at a $0.00243 high value may likely retest the previous swing high at the $0.002626 supply level; this can be extended to the $0.01000 resistance trend line and beyond.

Key Levels:
Resistance Levels: $0.004500, $0.004600, $0.004700
Support Levels: $0.002400, $0.002300, $0.002200

IBAT (USD) Long-term Trend: Bearish (1H)
Due to the interruption from the short traders, the Battle Infinity market price is trading below the moving average lines in its long-term outlook. This means that the price is in a bearish trend zone.
Battle Infinity (IBAT) Price Reversal at the $0.0002405 Support LevelThe coin price at a $0.002433 high value is 3% up and showcases a reattempt to challenge the overhead resistance as the 1-hourly chart opens today. Thus, should the bulls add extra effort to their market actions, the price may likely climb above the previous high at the $0.002626 level and sustains it.

Hence, price reversal at a $0.002405 low level will prolong the bullish recovery pattern as the bulls are returning gradually to stage a play.

Additionally, the IBATUSD price will continue to grow as the price signals indicate an upward direction in the oversold region. This implies that the current supply value as an attempt for bullish recovery may possibly push the coin price up to the $0.1000 resistance level in the days ahead in its higher time frame.

IBAT (USD) Short-term Trend: Bearish (1H)
On the lower time frame, the market price of IBATUSD is in a downward move. The price is yet to reach its goals. A break above the moving averages will propel the pair to rise.
Battle Infinity (IBAT) Price Reversal at the $0.0002405 Support Level
Today, the coin price reached a high of $0.002525 value after which the sell traders intervened and smashed the price down to a $0.002420 low level shortly after the 15-minutes session opens. With this trend, traders can buy the coin at a lower price and move the market value of the crypto further up.

Next, the pair is likely to resume an uptrend soon as the market has reached the
oversold region. We can now expect the buy traders to push the price up to a key level above the current resistance level as the market turns bullish soon in its medium-term outlook.

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.