The Trust Layer for Market Analysts

The video provides a technical analysis of Onyxcoin (XCNUSDT). As of August 30, the price is $0.01116 with 10 hours left in the day. The analyst notes a lower low for the day at $0.011. Using Fibonacci retracements from a low of 0.007551, the analysis reveals the price is residing in the golden ratio range. There is a bearish trend, living in the golden ratio could be indicative of a move lower towards the 0.007551 level. If XCNUSDT is fraudulent and dropping to zero, it would move fast and tear through the golden ratio, where the bulls have been weak. After consolidation the analyst expects move up to the areas of support between 0.047 and 0.049 cents. He suggests if a pessimistic target would be around the fibonacci extension range 0.1,10-0.15. but that could translate into gains of a 27x from that 310 area if the analysts are correct, then the conservative target is 0.225. The MACD is all the way at zero. and that would need at least 2 days after that it can be better evaluated, the analyst said..