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C-Zar Gets Crypto 16 Aug 2025, 20:29 UTC
AI-generated source summary
The analyst discusses ZBCNUSDT. At 16:18 on August 16, ZBCN is putting up a fight and is at 0.00465. The analyst looks at the 1-hour timeframe, he identifies it as a nice move but not convincing, and volume is added. This move indicates the price may move lower and make the bears move out, and could make the bulls fomo buy at a higher price of a 15%-20% difference. On the one hour timeframe, the large volume didn't push the price to move anywhere, which shows that with volume, there should be a breakout. The RSI is looking good with higher lows, maybe a bullish weekend will happen. In 39 minutes, if the candle closes red, it is not bouncing, but falling. The analyst notes that bearish divergence has occurred between the highs. MACD looks bearish and the stochastic looks good. Depending on what the one hour does it will impact the trend. He expects prices to go down to 0.0042-0.0041. It could wick down to 0.0038, but it is unlikely. The candle has upward wicks, and is expected to go lower. Over the weekend and next few days, a resolution to the downside should occur. Expects it to go down to 0.0042, maybe 0.003. It depends on the 4H candle close.
AI-generated summary based on the source content.
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