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
@raserrano - Developer
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You could use #steemleo for something like this, FYI.
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I heard that but not truly understand that, will using steemleo will be more beneficial?
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You'll get rewards in both steem and steemleo, and your post will appear on their page which is seen by people explicitly interested in investment news
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Thanks do much for the tip I will try it
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Hi @raserrano!
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