Join our Telegram Channel to get current information
Battle Infinite price predictions for today, September 1st:
IBAT/USD, after finishing the downward correction, may continue the upward movement if the coin holds all the support. Further increase in bulls’ pressure may break the supply level of $0.005510 and this price may drop towards the high level of $0.2000.
Key steps:
Resistance levels: $0.005600, $0.005700, $0.005800
Support levels: $0.004900, $0.004800, $0.004700
IBAT (USD) Long Term Trend: Bullish (1H)
As you can see from the chart above, Battle Infinity is in a market zone in the higher time frame. The price is currently recovering and moving above the EMA-50. This price pattern is known for trend reversals and could help IBATUSD buyers continue the previous recovery.
The buyers pushed the price of IBATUSD to a higher level of $0.005510 above the moving averages, short traders returned in the short term and the price of the coin to the low level of $0.005324 at the opening of the 1-hour session today.
The current price level is now trading above the EMA-50. Therefore, the possible creation of the $0.005510 neckline will accelerate the buying pace and push prices higher to hit the 0.1000 resistance level.
Furthermore, the price of Battle Infinity has reached the oversold region, traders are expected to follow the trend line to push the coin’s price above the mentioned resistance level in the coming days.
IBAT (USD) Short-Term Trend: Bearish (15-Minute)
Short traders now participate in order flow in the short-term view. This is the result of low bullying scores. 
Despite the intervention of the selling traders, buyers pushed the price of IBATUSD higher to $0.005450 above the two EMAs, then the bears took over and the price dropped to a low of $0.005271.
Next, it’s worth noting that the market’s price movement is in the highly oversold region, as indicated by the daily stochastic. This means that the bulls will emerge soon and increase the price and the $0.2000 supply level may be the target in the coming days in the short term view.
Battle Infinity has huge potential to generate unusually huge returns. Buy IBAT here
Related
Join our Telegram Channel to get current information