Last time I analyzed #BAT it was moving within a wedge and I expected to break towards the resistance trend line which indicated a gain in price. It happen but soon after it kept following the trend line downward that formed the previous wedge.
Now it keeps moving within 2 established monthly levels of 3002 satoshis and 2115 satoshis. I just recently added a weekly low support level. The next thing that should happen for a new move to be defined is a test to either level, a break of the resistance level of 3002 satoshis will most likely indicate a recovery towards the 5423 satoshis level an a great trading opportunity.On the other hand a break downward towards the next monthly level of 1470.
In any case I'm just doing this follow up and explain how I missed the analysis last time and it kept falling.
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Altcoins analysis
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