Downward momentum decreasing, consolidating at the 50% fibonacci level which happens to also be the previous resistance. Price is on the lower bollinger band and on the bottom trendline, looking to break the upper bounds of the symmetric triangle.
Symmetrical triangle bullish breakout, momentum wave pattern reversing. Good fundamentals. Shorter term and longer term target if breakout holds.
$15 million market cap, competing with Civic and Factom, both having much greater market caps. Development update coming next week.
A nice cup formed on the BAT chart and it's soon looking to form its handle with the lows reaching the support at ~5 or ~5.6k satoshi. We can expect a breakout after the handle forms. Shorting is probably a good choice right now.