Currently #BAT seems to be on a descending wedge and its lately been trading in a descending channel that its interjected by the support on the wedge. The short MA should move above the long MA so the price will start moving upwards generating a new environment for the short and long positions. The lower monthly support level is at 3000 satoshis but the descending wedge should break around the 3700 satoshis level where I target to buy. If the direction goes up it could test and pass the 5400 satoshis level but it is very unlikely to pass above the 7200 satoshis level.
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