Looking at our highest timeframe we see price has formed a wammie . Price has recently struck major resistance @ 5000 satoshis. Last week left BAT was indecisive on which direction it wanted to head. This weak we have not seen much of a change. Price has formed higher low @ 4000 satoshis, however showing momentum is .
Shifting over to our pattern timeframe we see price has remained above our . On May 11 price went as low as 3500 satoshis only to be rejected immediately. Price has since remained in a tight zone waiting for a break. showing momentum is , a daily close above 4700 satoshis activates our trade. However a daily close below 4000 satoshis leads to break towards 3000 satoshis.
Wait for daily close above 4700 for a long entry / Wait for a bounce off 3000 satoshis if we break toward the downside.