Happy New Year 2024 of a bull run seasons !! #BTC #etf #Lau | LouMarS na Binance Square

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Bullish

Happy New Year 2024 of a bull run seasons !!
#BTC #etf #Launchpool #ETH #BullRun2024. $BTC $ETH $BNB

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#altcoins Let's analyze the REZUSDT , TF:4H chart and determine the best entry points based on the technical indicators provided. ### REZUSDT Analysis **Chart Summary:** - Current Price: $0.1421 - 24h High: $0.1547 - 24h Low: $0.1404 - 24h Volume (USDT): 41.11M - EMA(50): $0.1560 - EMA(200): $0.1476 - RSI(6): 21.7036 (Oversold) - MACD: Showing a bearish crossover but nearing convergence. **Technical Indicators Analysis:** 1. **Exponential Moving Averages (EMA):** - EMA(50) is above EMA(200), suggesting a potential downward trend continuation. - The current price is below both EMAs, indicating bearish momentum. 2. **Relative Strength Index (RSI):** - RSI is at 21.7036, which is in the oversold territory, suggesting a potential reversal or a good entry point for a long position. 3. **Moving Average Convergence Divergence (MACD):** - MACD shows a bearish trend but is close to convergence, indicating that the bearish momentum may be weakening. **Best Entry Point:** - Considering the RSI is in the oversold region, a potential entry point for a long position would be near the current price of $0.1421, expecting a rebound.$REZ

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