The Trust Layer for Market Analysts

This analysis focuses on ZBCNUSDT. The presenter notes it's September 26th, with about ten hours left in the trading day, and the current price sits at $0.0039. There's a 5% increase on the day following a recent dip. The presenter anticipates lower prices are likely and inevitable, suggesting a potential move up to $0.0043 may occur, but doesn't change the expectation to move lower in the future. Reviewing Fibonacci retracements, a level of $0.0033 is identified as the golden ratio that the asset will likely move to before October 1st. In the 1H time frame, the RSI looks to be bullish but that it rejected overbought status. The MACD has crossed above zero. The presenter expects, at best, that by the end of the day the asset price is at or around the $0.0042 to $0.0044 range. Reviewing the weekly trend, the presenter identifies a descending wedge pattern that he expects to break to the upside, he thinks the $0.0033 area would be a level to find support.