Dusk
DUSK daily breakout, look for a resistence zone retest(+)
-4h penetrated 10 and 20 EMA and closed above them
-we hit a region from where a 100% rally came, so some buy volume is expected in this area
-usually grows when btc is growing
-a few bullish patterns formed
(-)
-could just be a volatility
-increased volume after breakout, but still overall low
DUSK (Dusk Network) Almost Ready For Breakout ..!!DUSK (Dusk Network)
- Making Falling Wedge in 4 hrs Timeframe.
- Volume is Decreasing & Major Indicators Are Turning Bullish As Well.
- Breakout Expecting in 4-8 Hrs..
- Expecting 80-90% Profit in Next 4-7 Days (If Follows My Plan)
Buy Around 1000-1030 Sats
Sell Targets 1307 - 1623 - 1875 Sats
Stop Loss Below 950 Sats
Timeframe : 4 Hours
What is DUSK Network??
Dusk Network is a privacy-oriented blockchain protocol, that anyone can use to create zero-knowledge dApps. By allowing Dusk to be openly accessible, Dusk Network aims to become the privacy infrastructure of choice for an entire ecosystem of solutions.
Please, give us your opinion in the comments!
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates.
Join Telegram Channel for more analysis - t.me
The information given is never financial advice. Always do your own research.
Dusk Network Second Support Tested (Potential Bounce Zone)Dusk Network (DUSKBTC) continued its retrace and is now hovering around the 0.786 Fib. retracement level from the last bullish wave.
In our previous analysis, we looked at 0.618 Fib. level, this one is stronger support and is marked on the chart above with a dashed orange line.
We are in a bullish wave for DUSK as long as the last low remains intact. Here are the signals pointing to a potential bounce:
Hit 0.786 Fib. retracement level.
Trading volume going lower and lower (breakout getting closer).
RSI going flat.
MACD histogram and the line starting to move towards the bulls.
Challenging EMA5.
Together with these signals, we still plan for a lower price as well as a potential move up.
So when we trade, we setup targets (for-profits) just as we set up a stop-loss (to reduce risk in the case the trade goes wrong).
Where do you think DUSKBTC is headed?
With a tight stop, you can be looking at a very low-risk setup... Low risk + high potential rewards.
Namaste
Dusk Network Retrace Over? | Where To Next?Dusk Network (DUSKBTC) retraced all the way to the 0.618 Fib. level from the last bullish wave. Can it bounce from here?
Normally we have altcoins retracing all the way down to 0.786 Fib., but in a bullish market, the retrace can be as short as 0.382 as well as 0.618. So if the current level holds, you can expect for DUSKBTC to move up from here.
We also see that the price managed to close above EMA100 (blue line) and is also trading above EMA50 (magenta). If there is follow up from the bulls here, DUSKBTC can easily move higher (purple and green arrows).
If instead, the price moves back below these levels, EMA50/100, then we can expect for the red arrow to be followed.
Dusk Network (DUSKBTC) Chart Signals
The signals are mostly bullish right now...
We have a falling wedge.
Broken downtrend line.
MACD bullish crossover.
RSI on the bullish zone.
Trading above EMA10 (which equals bullish potential).
My view . Dusk Network can easily bounce here. If you decide to buy and trade, always make sure to have a plan. What to do if it moves down strong? What to do if it goes up? What to do if it goes sideways?
Prepare for all scenarios...
This is not financial advice.
Namaste.
DUSK (Dusk Network) Falling Wedge ..!!DUSK (Dusk Network)
- Forming Falling Wedge Pattern in 4Hrs Timeframe..
- Volume Is Decreasing & Indicators Turnig Bullish So Breakout Expected..
- Need Some Crispy Volume for Healthy Uptrend..
- Buy Some & hold till Given Targets But stop Loss is Must (Manage Your Risk As Well)
What is DUSK Network??
Dusk Network is a privacy-oriented blockchain protocol, that anyone can use to create zero-knowledge dApps. By allowing Dusk to be openly accessible, Dusk Network aims to become the privacy infrastructure of choice for an entire ecosystem of solutions.
Please, give us your opinion in the comments!
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates.
Join Telegram Channel for more analysis - t.me
The information given is never financial advice. Always do your own research.
ICON trade with a good risk rewardICX broke out of accumulation zone and a while looked like a pump and dump pattern. Buyers stepped in and prevented the price from falling. 50% fib retrace level confirmed as support and 4h candle is now looking to close above the initial close. There is also a multi timeframe confirmation on the move, including 1d, 4h, 1h and also smal 30 and 15 min timeframes. CALCULATE YOUR RISK and this should be a good a good risk reward
$DUSK Ready For Another Run?$DUSK is looking like a great potential buy right now. It has bounced PERFECTLY on the .618 Fib and looks like it might be ready to break out of a falling wedge. Additionally it looks like the MACD is about to have a bullish crossover as well. I am for sure taking a position here but am still waiting for a breakout to confirm a reversal. This could be the start of Elliot Wave 3!
*This is not financial advice. I am not responsible for any losses of money.*
$DUSK / $USDTBuy order filled at .1736 for Dusk. If this indeed is where we start Wave 3, then I have the end of Wave 3 marked for a 1.618 extension. Considering hype and potential announcements and upcoming launches, we could see further as well. Still early to confirm if this is indeed the bounce. Order was set this AM when we were breaking down into .18s.
Massive Cup and Handle Pattern On The $DUSK 4h ChartThere is an obvious cup and handle pattern forming on the 4h chart. The pattern dates back to July 26th. (26 days ago). I'm also toying with the idea that this could be Elliot Wave 1 and 2. Wave 3 could send us as high as 4500-5000 sats. This handle should not correct much longer so I'm starting to take a couple positions now. If the support line is broken (about 1800 sats) I will exit this trade because price could go lower.