Currently, Battle Infinity is having a downtime. This is a very good opportunity to enter a long position in the market. Investing in IBAT at such a time like this will guarantee a good return on investment when the price begins to rise.
Key Levels
- Resistance: $0.0027, $0.0028, $0.0029
- Support: $0.0022 $0.0021, $0.0020
IBAT/USD: The Indicators’ Outlook
Few spikes in the volume of selling trade have contributed to the downward movement of the market. This made the price fall even below the $0.0022 level. And the $0.0022 level is formally the stronghold for the bull market. It is a strong support level. However, Traders are beginning to buy and the price is recovering. And currently, the price of the market has now attained $0.002192. The MACD indicator is quick to reflect this recovery as its latest negative histogram appears in pink.
Battle Infinity Short-Term Outlook: Bullish Recovery (15-minute chart)
From the 15-minute outlook of the market, we can see the ongoing faceoff between demand and supply. The resistance level has shifted below the $0.0022 price. This is putting further pressure on the position of the buyers at the $0.00218 support level. This can result in a further fall in price and as a result, create an opportunity for traders to buy at an affordable price. And traders should do the buying quickly because the market may skyrocket soon. The price may reach $0.0023.
Want a coin that has a huge potential for massive returns? That coin is Battle Infinity.
Buy IBAT now.
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