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Battle Infinity Price Forecast: IBATUSD Price Makes a Buy-Trade Setup (November 24)
Today, the IBATUSD pair sends a clear bullish signal that the bulls are still strong. IBATUSD price makes a buy-trade setup. If the forces from the buy investors in the market should increase and the coin prices are sustained above the $0.004000 resistance levels, the ongoing bullish correction may likely extend and plunge prices to the $0.02000 supply level trend line.
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)
At the time of writing, Battle Infinity is trading in an uptrend. The prices are above the moving average lines and have confirmed a bullish momentum breaking the previous high at $0.002343 value. After a successful breakout and retest of the major zones, a buy at this pair is inevitable after rejection.
The buy investors actually made a jump to the $0.002345 supply value above the two moving averages during the yesterday’s session and sustained it; this really enabled buy traders to sustain the upward rally.
The momentum continues today as the bulls made an increase with a long bullish candle to a high at $0.002595 level above the two EMAs as the 1-hourly chart opens today.
However, the inflow from the sell traders now dropped the current price of IBATUSD down to the $0.002550 support level which is above the moving averages; this suggests that the bulls still remain dominant in the market. This will also give the buy traders the motive to influence the price tendency.
Hence, the current price at the $0.002576 resistance mark returns the bulls back into the mark to control the price actions and also a buy at this crucial time is inevitable for the coin holders.
Similarly, we can as well see the momentum indicator pointing up, this means that the crypto may likely continue its bullish ride; we therefore expect the price distribution to hit a $0.02000 high mark soon in its long-term perspective.
IBAT (USD) Short-term Trend: Bullish (15-Minutes)
Despite the interference from the sell traders on the lower time frame, the IBATUSD pair is in an upward move.
The bulls made a strong ride with a long bullish candle to the $0.002549 level which further increases to the $0.002613 resistance level above the moving averages after which the bears returned and broke the price down to a $0.002543 low level above the two EMAs as the 15-minute chart opens today. Thus, despite the drop in the price, Battle Infinity looks promising.
Hence, if the coin buyers manage to break above the $0.004000 supply trend line, the market participants may witness a new recovery rally and this may reach a high at $0.02000 high mark soon in its lower time frame.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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