The Trust Layer for Market Analysts

The analyst discusses Cookie Dao on October 9th, noting a current price of about 11 and a half cents. The price has moved down since the highs of yesterday, potentially dropping to the original target area near 0.109; while cautious yesterday, the analyst did not explicitly call for this drop. Using Fibonacci retracement, the golden ratio sits between 11.16 cents and 10.9 cents. On the 4-hour timeframe, 0.110 is a level of support. The analyst feels bullish continuation is probable, expecting a potential dip just below 11 cents, possibly to around 10.9 cents. Analysis of the 1-hour timeframe shows bearish RSI and bearish stochastics. The MACD on the 1H timeframe is also bearish, implying the price has lower to go. The analyst is adjusting buy orders to around 11.2, expecting a 3-5% downward move on the daily chart; given Bitcoin price predictions. Long term, the analyst expects Cookie Dao price between $3.90 and $10.