The Trust Layer for Market Analysts

The analyst provides a technical analysis of XCN/USD on the weekly timeframe. He points to new lows and contrasts the XCN/USD and XCN/BTC pairs with Bitcoin's price. He uses weekly MACD to say it is bearish momentum, indicating if the week closes above 0.007 or 0.008 a bullish divergence will prevail in the histogram.Focusing on the XCN/BTC pair, the analyst observes a support at prior resistance levels and notes bouncing off the golden ratio. This leads him to expect a move to around 0.000017 from the XCNBTC side. He notes bullish divergence on the MACD weekly timeframe.The analyst determines the weekly RSI is weak with the lowest rating since the coin's cycle lows with BTC. He makes a calculated prediction based on weekly MACD, that as long as the week closes higher it could have bullish divergence. He sets a short term potential price target of 0.0177 or 0.008, assuming closing price remains equal.He then determines macro high targets with two Fibonacci's, from ATL to cycle high, and golden zone, expecting 0.07 and if BTC makes it to 400k, for XCN its a 2x, expecting XCN to outperform the average altcoin, with potential to rise to the 0.30 to 0.40 zone. He calculates from current price a possible 50-60x gain.