Battle Infinity (PancakeSwap: IBATUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, IBAT began a red wave one advance on December 17. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 20 and the red wave two (blue sub-waves a-b-c) correction ended on December 25. If this wave count is correct, IBAT should be heading next towards the December 20 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Battle Infinity is a gaming platform made up of multiple P2E (Play-to-earn) battle games. Hone Crypto reviewed the project four months ago.
(Sources: https://battleinfinity.io/)
How Will Battle Infinity Trade?
Battle Infinity (PancakeSwap: IBATUSD) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
IBAT will takeout the December 20 peak
IBAT will drop below the December 17 low
IBAT will stay in a trading range between the December 17 low and the December 20 peak until February 2