In this analysis, I'll be looking at the price action for today on the aforementioned coins, how they performed and the likelihood of their continuation of their current behaviour.

I don't try to predict prices like other traders though, so don't expect that here. I mostly just react to the price action. I have explained my strategy for trading on this blog, so you can look for it if you wish.

Also, I'll be giving out my Loopring earnings(all of it) to anyone who can guess the price of BNB tomorrow.(yes, the exact price.) It can be the opening or closing price for tomorrow. Whoever does it claims the Loopring on the day of payoff. More at the end of the post.

Let's get started!

BTC/USDT

Bitcoin did the unprecedented today. I wrote about how the pump was organised, and yes I have proof. The post is right here.

However, Bitcoin moved up in price, appreciating over 10% from the last swing low to the latest swing high. That's an amazing percentage for such a saturated coin. 

However, as we continue to progress in the day, the volume continues to depreciate, and so does the price. It keeps moving away from the high, and the volume moved from $1.1 billion to 840 million on Binance. 

I don't believe that this price would be surpassed by tomorrow. As more and more people take their money back to the alts, it seems like Bitcoin's price might start to range in a rectangle, like the one in the chart. That is also a great chance to make a ton of money, especially if the range continues for a long time.

ETH/USDT

It seems that ETH has broken its range with BTC, as it seems to lead the market right now. The percentage gain from the swing low to the swing high is over 17%, which is just nuts considering Ethereum's lagging behaviour lately. Here's the chart.

It seems to be trading in a reverse wedge pattern, which is a bearish reversal sign. TA isn't always right though, and we'd have to wait to see.

Just like BTC, the volume has also been reducing gradually. From over 500 million USDT to 230 million USDT on Binance. 

BAT/USDT

My favourite coin of the day. I made the most money today trading this coin.

It equally seems to have broken its correlation with BTC and ETH, and is trading nicely in its own pattern. Let's see a chart.

It's volume has been low for a while, which has been a concern for me in the past. I have written about this concern in the past, but it doesn't seem to affect the price action in any way.

BAT is trading in an ascending triangle right now, and if this continues, it signifies a continuation in the current trend, which is UP!

That's it for the analyses. Now on to the giveaway.

I am willing to giveaway my Loopring earnings for this week to anyone who can correctly guess the price of $BNB tomorrow. You can guess either the open or close price for tomorrow's candle, but make sure to signify when guessing. Equally put your ETH addresses in the comments. The person who guesses it correctly would receive the LRC once I receive it.

This giveaway ends tomorrow 17th April 2020 by 11:59pm, GMT+1. No entries after that time would be counted. Once someone gets the answer, the entries also close. No one is allowed to guess more than once or edit their comment, as I will take screenshots. 

That's all, and good luck!