$BAT trade update, confirmation test in progress
I got out this morning just to play it safe because there's a lot of hesitation breaking through major resistance, and I just don't want to be caught off guard if it retraces… I am extremely bullish on this in the long run, just trying to capture some profits if it were to pull back… There is a specific line here that I need to see it close above and I will buy back in, and I forgot to say explicitly in the video, but the line directly underneath the one I'm talking about is the one I'd like to see it close below for confirmation of lower prices ahead. Again, I'm currently sitting on the sidelines because I just don't like losing money, don't wanna be caught off guard. I've had a really good run in this so far..
Note
As we can see if you're watching the basic attention token, the price is turning away from that upper channel line, I have not bought back in and I'm still looking for lower prices, but confirmation in either direction will be clear closes and departures from either of those lines up or down
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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.