REZUSDT
REZUSDT Rectangle Pattern!REZUSDT technical analysis update
REZ has formed a rectangle pattern and has been trading within this range for the last 20 days. The price is now moving towards the resistance of the box for a potential breakout. Once the breakout is confirmed, we can expect a strong bullish move in REZ.
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Hexa
Rez accumulation zones IAP model for altcoins after listing! Watch the main zones for accumulation BINANCE:REZUSDT
Possible Targets and explanation idea
➡️IAP model for altcoins! Looking in to accumulation zones for Renzo
➡️Check the chart and titles on zones
➡️Im waiting order flow step by step to first zone to buy.
➡️Only 10% coins unlocked and now its 1b supply
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REZ analysis (4H)From where we entered "start" on the chart, the REZ correction seems to have started.
The pattern seems to be a diametric.
Now it looks like REZ is going to complete the F wave of this diametric.
If the price reaches the red range, we will look for sell/short positions.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
REZUSDT | CONTINUATION DOWN?Asia session insights: Are we heading lower? The stage is set for a potential sell-off, and REZUSDT could be in the spotlight.
Market Context
Bitcoin is still trading in a downtrend, and even a small downward movement could trigger a larger sell-off in the altcoin market. Let’s see if REZUSDT will follow suit.
Bearish Signals
• BTC Downtrend: Bitcoin continues its downward trajectory, putting pressure on the entire crypto market.
• Asia Session: Historically, the Asia trading session can see significant movements. If BTC drops, it could accelerate sell-offs in altcoins like REZUSDT.
• Price Action: The recent price action in REZUSDT shows weakness, with lower highs and a potential breakdown from current levels.
Strategy
Given the current market conditions and the bearish signals, I’m betting on a downward continuation for REZUSDT. Let’s capitalize on this potential move.
Action Plan
Going short on REZUSDT, targeting a continuation of the downward movement.
Are we going to see a further drop during the Asia session? Let’s find out! 🚀💥
Good luck, everyone!
Rez/Usdt Proper Plan Rez/USDT is currently trading within a triangle pattern, leading to anticipation of a potential new all-time high (ATH) soon. Two potential scenarios could unfold. The first scenario involves a direct breakout to the upside, propelling the price to new ATH levels. The second scenario is a fair value gap, suggesting a potential price fill before a rebound. It might be prudent to wait for a breakout or consider entering the market with two distinct positions. Remember, this information is not financial advice, so it is advisable to conduct your own research (DYOR) before making any decisions.