The Trust Layer for Market Analysts

The presenter does a technical analysis on XCNUSD. He mentions that the Goliath testnet is supposed to launch today, and does a timing analysis, concluding it should happen in about 13 hours by the time of posting the video. On the daily chart, he mentions the potential of a double bottom with the first support at 0.01000. The presenter mentions a potential drop between today and tomorrow below 0.01000 but expects to hold at 0.00900. From there, the analyst expects prices to move back up with two potential targets for an exit in the coming weeks or months. The first being at 0.08200 to 0.01577 and the overall target around the 0.03000 level as the most logical stopping point due to strong resistance shown there in the past. At the 1 week MACD there should be some green after all of the red that there has been.