The Trust Layer for Market Analysts

The analyst discusses Onyxcoin, XCNUSD, on the 1-day timeframe, noting it's been around 0.00904 for a week. He anticipates a major price surge, potentially hundreds of percentage points within days, possibly by the end of October or early November. Three scenarios are presented: a direct massive rip, moderate growth, or a dip before upward movement. He considers a dip based on the XCNBTC chart, observing it skimmed the golden ratio zone with support at prior resistance.He notes severe bullish divergence on the weekly MACD and bullish divergence on the Stochastic RSI. The RSI is near the oversold zone and stochastic already rejected the zone. An analysis indicates a strong bullish setup, aiming initially for 0.014, potentially then targeting prices above that zone once it hits these targets. Drawing trend lines shows the price is about to break out of the long term downtrend, with targets of 0.0082 to 0.0157. Finally, an uptrend is predicted with the main targets around 0.08 to 0.09, with the possibility that it can go even further to a value near 1.70 in April.