Encryption Caesar Share a new video clip with 36,000 subscribers in YouTube today, and his message was clear: Xcn may turn to a short-term decrease, but it does not sell-it is doubled.
The video depth deeply in technical analysis, plans, and personal strategy, which indicates the reason for the lack of C-Zar that ONYXCOIN (XCN) has a lot of space for growth, even if it decreases first.
Short -term landmark signs on the XCN chart
According to C-Zar, the Xcn scheme has turned some strong warning signals. The currency has reached the main support level three times, which some merchants call the “triple bottom”. This looks good on paper, but in practice, C-Zar says it often ends in a collapse rather than bounce.
It refers to some technical indicators that support this landmark. There is a hidden declining difference on RSI (Relative Power Index)Where the momentum rises, but the price is not. This usually indicates weakness. Moreover, it is noted that the RSI has been rejected again and again in the 50th line, which is another Haboodi mark.
A dumping dominant candle is also formed, which can often be a sign that the descending step is about to happen.
Eyes on the area of $ 0.014
Currently, Xcn is traded 0.017 dollarsBut C-Z is expected to approach 0.014 dollars to $ 0.015 It ranges. This region is in line with the main level of Fibonacci (region 0.5), and has been a support and resistance in the past.
He also says that if the price decreases to below this range – even 0.0123 dollars – It will not be the end of the world. ONYXCOIN has a history of making fast crumbs down before they bounce quickly.
C-Zar emphasizes that it is already prepared. He has received purchase orders between 0.0144 dollars and 0.015 dollarsAnd he does not have plans to sell his current property.
Despite the short term expectations, C-Zar climbs clearly in the big picture. He believes that after you find Xcn support, he can move strong 0.048 dollars In the next two weeks. Expect previously 0.056 dollarsBut modifying this goal based on the new market structure.
He says we may see some unification in the lowest range for about a week, followed by healing in the middle of the month. From there, he sees an outbreak towards high prices.
If the price decreases strongly and fast, the C-Zar warns of panic. XCN price has shown this type of behavior before. suddenly 40 % to 50 % The drivers followed by sharp recovers are part of the currency history. Viewers urge not to try and exact time, but instead, their purchase orders are pre -ready.
His final advice? Do not wait for the perfect moment for purchase. Set your limit orders early, be patient, and get calm.
Also read: We asked artificial intelligence to predict the Unyxcoin (XCN) price in May
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