Technical analysis by hknkdky about Symbol BAT: Sell recommendation (12/25/2024)

Bat coin is currently inside the descending channel from 2019 and the black resistance you see on the chart shows the top of the channel. After performing a fake out in March 2024, it fell by approximately 66% from this fake out peak and settled at the bottom of the channel. When it could not break the channel and stay above it in its rise that started in November 2024, it took its place inside the channel again with the decline that occurred in the past days. Our green line on the daily acts as instant resistance. From these points, someone who understands the market and can analyze the market understands that they will sell, but in a possible upward break, we may be on the buyer side again. Based on my predictions and analyzes, the peak will be around 0.77. WHAT I HAVE WRITED HERE IS NOT INVESTMENT ADVICE BUT IS A PART OF MY OWN EDUCATION. I WOULD BE THANKFUL TO PEOPLE WHO WILL SHOW ME THE RIGHT WAY IN MY MISTAKES DURING MY EDUCATION. THANKS. BATUSDT BBATUSDT/BTCUSDT BBATUSDT/SPX