Technical analysis by SpaceCatZ about Symbol REZ: Buy recommendation (7/14/2024)

Hello Traders,This is one of my favorite coins on the current market. Big Giant coorp's trying to merge traditional banking system into new universal DEFi banking. I have high hopes for this coin but current market mostly depends on how BTc behaves and Binance's aggressive auto buying and selling bots! I think overall correction for altcoins is about to end. I am saying this because If they continue to suppress alt coins, this market will collapse all together. You can't steal from poor and give it to rich constantly! There must be some fine balance in between! This has been the way for so many years and it will continue to do so in the future! Having said I am personally expecting %60 gains in near term and possibly more. We need to watch important levels as I marked it clearly on the daily chart! Good luck!We are outside the triangle and btc seems to be moving up now! Price action appears to be following green line. Which is by the way best continuation due to double bottom on daily time frame double confirms the bottom. We have the green light from all the angles. All it needs is a bit of boost. Rest should come easily.The whole market got pushed down due to Bitcoin's sharp decline in value. This was going to happen one way or another. If big corporations or entities collected enough coins, we should head toward historical highs. In the meantime, we should see alt coins rally. I mean a real rally this time. I believe Renzo will outshine many other alt coins. I don't see any reason why we should not see 4x - 5x figures from the current price, which is at $0.415.Take a look at Fet prediction chart! When I posted this back in time only 6 indicators were showing up. Price went up way more than 20x.Right after last update , rez went up 35% for the day! Not bad at all.