{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/battle-infinity-ibat-usd-demand-faceoff-with-supply\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/battle-infinity-ibat-usd-demand-faceoff-with-supply\/","headline":"Battle Infinity (IBAT\/USD) Demand Faceoff With Supply","name":"Battle Infinity (IBAT\/USD) Demand Faceoff With Supply","description":"In the last daily session, massive selling pressure the Battle Infinity has forced the demand line to shift below the $0.001850 price level. Since then, the bull market has been repeatedly rejected at $0.001850, as the bears have now reached the level of a strong fortress. The bulls, on the other hand, are not giving […]","datePublished":"2023-01-18","dateModified":"2023-01-18","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/01\/IBAT-1-hour-Jan-17.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/01\/IBAT-1-hour-Jan-17.png","height":804,"width":653},"url":"https:\/\/forexschoolonline.com\/battle-infinity-ibat-usd-demand-faceoff-with-supply\/","about":["Article","Article-com","charts","Featured Articles","Price Action Charts in Focus","Trade Idea"],"wordCount":217,"keywords":["Battle Infinity","IBATUSD","trading"],"articleBody":"In the last daily session, massive selling pressure the Battle Infinity has forced the demand line to shift below the $0.001850 price level. Since then, the bull market has been repeatedly rejected at $0.001850, as the bears have now reached the level of a strong fortress. The bulls, on the other hand, are not giving up and are aiming for $0.0019.Key Levels\u00a0\u00a0Resistance:\u00a0$0.0022, $0.0021, $0.0020\u00a0\u00a0Support:\u00a0$0.0017, $0.0016, $0.0015\u00a0IBAT\/USD: The Indicators\u2019 Outlook\u00a0The Bollinger bands are contracting because the buyers are catching up with the sellers. The price action has crossed above the 20-day moving average. This price movement is changing the direction of the moving average curve to the upside as the price approaches the resistance price. But the demand line now needs to deal with the strong resistance before it reaches its target of $0.0019.\u00a0\u00a0Battle Infinity Short-Term Outlook: Bullish Recovery (15-minute chart)From this point of view, we see the bulls securing the support level at $0.001832, which is directly above the 20-day moving average. Also, the new support level is near the resistance level. This is putting pressure on the position of the bears in the market and increasing the chance for the bulls to reach their targeted price level.\u00a0Want a coin that has a huge potential for massive returns?\u00a0That coin is Battle Infinity. Buy\u00a0IBAT\u00a0now. "}