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C-Zar Gets Crypto 08 Aug 2025, 05:19 UTC
AI-generated source summary
The analyst is discussing Onyx coin today XCN, on August 8. The daily chart shows it is at 0.014, with 22 hours and 57 minutes left in the day. He goes to the one-hour chart. It is currently in a bullish posturing. Analyst is seeing that it is shaving an area of support, while not supported. RSI looks like is in a little uptrend. Stochastics are looking bearish and it might go down a little bit. MACD is crossing downside, with some bearish momentum. The relative high to low retracement, golden ratio rejection, is there and it's kind of productive. Analyst says sticking with the downside, and the price does not cross below 0.014 then will be saved. There is a W pattern that has failed and there will be a bearish implication. At the 4 hour timeframe MACD has higher lows and a flat top with a bullish set up. RSI is finding resistance, come down to find higher low, so it might be an ascending triangle in RSI. Nothing crazy is happening. At the long term I would think at the amount of leeway there is, I can see a lower low, around 0.013. Long run is at two cents, and even above that there will be a move to get to 0.026 and up to 0.032. Analyst thinks that 0.013 would be a great target. It will then form a double bottom.
AI-generated summary based on the source content.
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C-Zar Gets Crypto
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