Battle Infinity (IBAT) Price Will Breakout from Support

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Battle Infinity (IBAT) Price Forecast: November 3
The IBATUSD has been in a downtrend for a while and is on the verge of reversal at the moment.  Battle Infinity (IBAT) price will breakout from support.  An increase in the bulls’ pressure may break up the previous supply at $0.000354 and this may swing up the crypto price to $0.03000 and $0.03500 supply levels and beyond.

Key Levels:
Resistance Levels: $0.004700, $0.004800, $0.004900
Support Levels: $0.003200, $0.003100, $0.003000

IBAT (USD) Long-term Trend: Bearish (1H)
Battle Infinity is bearish in its long-term outlook. The price now trades in a bearish market due to the interference from the bears.
Battle Infinity (IBAT) Price Will Breakout from SupportThe market price made a pullback at the $0.003083 supply level below the two EMAs as the 1-hourly chat opens today which resulted in intraday gains for the bulls.

Now, if the bulls should put extra effort and the coin price on the 1-hourly chart closes above the $0.003254 high value, then there is a high probability of the price going up to its recent swing high, which is the $0.003816 mark.

Further, the IBATUSD pair is now pointing up below the level of 20% of the daily stochastic. It indicates that the selling pressure has ended. Thus, the upcoming bullish correction rally may likely push us high to a $0.03000 high mark and beyond in the days ahead in its long-term outlook.

IBAT (USD) Short-term Trend: Bearish (15 Minutes)
The momentum on the lower time frame (15-minute) is undeniably bearish. The prices are below the moving averages, which means it’s in a bearish market.
Battle Infinity (IBAT) Price Will Breakout from SupportToday, as an outcome of low bullish momentum, the price action of IBATUSD dropped down to a low at $0.003091 level below the moving averages on the lower time frame. Meanwhile, traders can join the buy investors at the present and buy the coin at a lower price for more future gains.

Also, the current price correction at the $0.003091 supply value indicates that the bulls are trying to resume the uptrend move to dominate the market.

Further, continuation to the north is likely as the market is now oversold, so the buy traders are already set to dominate the market activities. We can expect the buy traders to hit the $0.03000 resistance trend line as the journey up north continues in its short-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.