$BAT trade update - Bearish today on the basic attention token
Happy Thanksgiving, everyone!
Live analysis with a day-trader with real skin in the game, currently heavily invested in the basic attention token, but I dumped it this morning.
I believe that this is going to retrace today and perhaps tomorrow down to at least 27.6… And we shall see what happens, if not much lower say 21 or 22...
But the downturn will be very short-lived.
This is an amazing product, and I am still very long in the long and near term, even just next week or this weekend could see incredible new highs… But I am a trader by nature, not an investor, and I don't like watching my account value go down at all, especially after being in that huge run up a few days back.
If I'm gonna lose my gains to the chart, I'd rather take them out temporarily and go buy something.
I show you exactly what I'm thinking - and it's people, ladies and gentlemen… This is about crowd psychology.
Live analysis with a day-trader with real skin in the game, currently heavily invested in the basic attention token, but I dumped it this morning.
I believe that this is going to retrace today and perhaps tomorrow down to at least 27.6… And we shall see what happens, if not much lower say 21 or 22...
But the downturn will be very short-lived.
This is an amazing product, and I am still very long in the long and near term, even just next week or this weekend could see incredible new highs… But I am a trader by nature, not an investor, and I don't like watching my account value go down at all, especially after being in that huge run up a few days back.
If I'm gonna lose my gains to the chart, I'd rather take them out temporarily and go buy something.
I show you exactly what I'm thinking - and it's people, ladies and gentlemen… This is about crowd psychology.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.