After days of sideway movement, BAT finally overcame the resistance around 4000-4200 satoshis. I expect it now to follow the new trend to atleast the resistance level (from the CB pump) around 5100-5300.
BAT is going sideways for a few days already, bouncing between 3.3k and 4.1k satoshis. Either trade between those two values or wait for confirmation when the resistance or the support are broken. Althought I'm more in favor or BAT breaking upward in a month's time thanks to BRAVE V1 release with BRAVE ads and the fact that BAT holds it's value against BTC quite...
GVT, while having solid fundamentals is a fairly new coin and still hasn't experienced a downtrend (only small corrections after spikes) after doing around x9.
It already tested several times around 29k sats without breaking trought and staying there. Volume is also relatively fairly low
That's why I think once it breaks the trend line, it will fall around...
From my previous idea KNC did a rebound but it didn't hold and continued to fall. I still don't really know why it's dumping this hard compared to other coins.
From what I see, we have 2 supports lines and we already touched once the first one.
We've broken the first downtrend, but we're still not in a uptrend, although the fall is now slower. We can be in a...
We're getting a bit of volume again, and with the news incoming (new rating system, anti-spam, mobile release), LUN may have a reversal (or maybe even had a few days ago, after it hit 0.786 fib retracement and the green bottom support) and break out of that wedge.
It may may hit the wedge's bottom support once more before bouncing back though. Still looks good mid term.
Red and orange channels coincide at 0.618 Fib level. Also, on 20 MA, volume is increasing slightly and RSI sub 30. If that support is not breached, a rise can be expected to at least orange channel resistance.
There is also a bullish divergence as noted by glencastleberrry ().
