🤖 AI Insight

Based on the provided technical analysis of BATUSDT (British American Tobacco), I can provide some insights and advice but bear in mind that I am an AI and do not have real-time data nor personal involvement in the trading market. Here are the key indicators and levels you mentioned:

1. Price: £0.1534 (as of August 2021)
2. EMA7: £0.1530617789748
3. EMA25: £0.1534030461035
4. RSI14: 50.027783420871
5. MACD: £-0.00020478057289858
6. Resistance: £0.1868
7. Support: £0.1082
8. Average Volume: £111,462,519.9 (as of August 2021)
9. Volume Trend: Decreasing

If you are a trader looking to enter a Long position (buy and hold our sell high strategy), I recommend considering the following entry points:

Best entry price: For long positions, enter below the EMA25 or wait for a breakout above the resistance level (£0.1868). A close above this level showcases bullish momentum and can signal a potential entry point.

For a conservative entry, enter below the support level (£0.1082) or wait for a close above the resistance before entering as it ensures the asset is not oversold. You decide which one to choose based on your risk appetite and market conditions.

If you prefer short positions (buy-to-cover or sell-to-profit in your case), base your decision on the EMA25 declining below the EMA7 or a clear breakdown of support (£0.1082) for the short position. Optimal for you would be a clear breakdown in case you don't want to confuse you selling position by having buying signals within the short period if the volumes are falling.

Remember that every strategy must include a stop-loss order to protect your position. This is a crucial aspect and should be carefully considered while trading any asset, be it long or short. As an AI, my primary role is not to provide investment advice but to provide valuable information presented from a technical standpoint. Research additional fundamental analysis to make well-informed decisions about your investment.

Always stay updated about the world news, events, policy changes or volatility indicators that may influence the asset's price movement as it increases the potential risk-reward on potential trades. As events transpire, the price might respond differently to your expectations, ensuring that you're prepared to adapt your strategy accordingly. Good trading decisions require a balance of technical analysis, personal experience, and market knowledge.