The analyst discusses Onyxcoin (XCNUSD), currently at 0.01172, and suggests a potential target of 0.01085, with a fail range at 0.0126. He also looks at BTCUSD currently at 110313 with a target of 108000 suggesting a bearish trend overall. The analyst notes a bearish RSI on the one-hour timeframe. He considers potential bullish divergences on Stochastic and MACD as signals the bottom is near, but also mentions potential double bottom and describes resistance at the zero line of the MACD. He suggests that panic selling at current levels is not advisable, expecting 26 to 32 cents target in the future. The technical analysis references potential movements in BTCUSD. Mentions a possibility of 5 to 6% drop before moving upwards.