Dusk Network Hits Higher Low | 325%+ For Long-Term TargetsMy last chart for Dusk Network came in on the 5th of December, 20 days ago. After some gains, we end up basically with the same exact setup, bullish as well.
Current prices are good for long-term holders, Dusk Network it is said to be a great project with amazing new technology and great potential.
Prices are now trading above EMA10 and we hit a higher low on 18-Dec. compared to the 25-Nov. '19. So it is possible that the next move goes towards the bulls.
Conditions for change
There is also the possibility of another drop and even a new low to be hit for DUSKBTC in the months ahead, but this is not a problem. If you are looking at this altcoin pair for its long-term potential, prices are very likely to bounce with massive strength if a new low is hit.
In the meantime, Dusk Network is now consolidating with bullish tendencies... Keep an eye out for a strong bullish breakout within 3-4 weeks.
Also, make sure to hit LIKE to show your support.
Happy holidays!
Namaste.
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Previous analysis | Dusk Network Volume Starts To Grow | 265%+ Target
THIS IS NOT FINANCIAL ADVICE.
DUSKBTC
DUSKBTC hits support of Wedge and formed harmonic for breakoutThe price action of Dusk / Bitcoin has hit the support of the wedge and also hit at lower bands of Bollinger bands and now turning bullish to hit the resistance again.
All indicators are turning bullish.
The moving average convergence divergence indicators is giving bull signals by turning weak bearish from strong bearish.
Stochastic has also given bull cross from the oversold zone which is very strong bullish signal.
And if we see the directional movement then it can be clearly seen that the ADX which was previously assigned to –DI (-DI is the line which represents the bears) is down now and +DI (+DI is the line which represents the bulls) has crossed up the –DI and it is another strong bullish confirmation.
And the most strongest signal which can lead even the price action to breakout the resistance of this wedge is the formation of bullish BAT inside this wedge and the price action has taken bullish divergence from the potential reversal zone of this bullish harmonic BAT pattern:
Now we can set our sell targets between Fibonacci projection area of tail to support of this wedge between 0.382 to 0.786 Fibonacci as below:
Sell between: 0.00000662 to 0.00000850.
So if we buy even here then this trade has potential to take 50% bullish move.
Regards,
Atif Akbar (moon333)
Update: The CLEAREST chart in historyAn update for our signal which earned us +20%. What comes next, after we had successfully predicted the reversal?
DUSK/BTC has fallen back to a state of relative compression. Periods of 200, 100 and 55 are regressing below the necessary level of 0.7 on the WAVE-PM indicator, but still need time to do so.
14-day volatility characterized by the orange oscillator is below critical levels, and therefore has enough potential to produce a short-term movement in the following days.
Its target could be the 200 MA on the 1H chart, or similarly the 50 MA on the 4H chart (turquoise color). As this is a more risky signal, we DON'T recommend taking it without setting tight stop-losses and doing your own research first.
For the rest of the compression, the price should remain inside the 50 MA Bollinger Band on the daily chart, which is currently at the levels of 537 (lower band) and 667 (upper band). These are the relative highs-and-lows, and a movement on either side should be stopped by them until enough volatility ceases to be and a new trend begins. Please, use the displayed purple band for an approximate reference.
Commodity Channel Index, custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis. This is not a financial advice and you agree to take 100% responsibility.
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DISCIPLINE is the real reason why you lost money on this chartIt is only necessary to come back to DUSK/BTC and explain why many retail traders don't make money on daily basis: it is because they lack discipline .
So, what has happened here? Why has the supposedly "golden secret" of trading failed? That's because it hasn't failed. You have. The first standard deviation marks two conditions:
Trending - price is trading outside the 1st standard deviation. Trend is friend.
Not-Trending - price is trading inside the 1st standard deviation. Return to the mean is inbound with 90% accuracy.
These statistics are among the highest and most reliable in trading. And yet, people have been accusal, because they still managed to lose money. Why is that? Because they lack discipline. Setting stop losses should be your number one priority in risk management. When the price leaves the 1st standard deviation, and therefore the market condition of not-trending is broken, you should already be out of the market. When the price re-enters the 1st standard deviation, so should you.
Many retail strategies look as following: small win, small win, small win, and then BIG loss. I make consistent results, but only because I learned to be disciplined and know my strategy works the other way around: small loss, small loss, and eventually BIG win. If you had set stop losses, you would have lost only about 3.5%. And guess what? You would already be making more money by re-entering the chart!
The current pivot and the target is the 0.618 Fibonacci Retracement, corresponding with the upper 200 4H Bollinger Band and soon to be the 50 moving average.
Commodity Channel Index, custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis. This is not a financial advice and you agree to take 100% responsibility.
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Website: (coming soon)
The CLEAREST chart in historyDUSK/BTC's upward movement is at halt as the price enters the 1.25 standard deviation of the 50 4H SMA Bollinger Band. A confirmation is most likely inbound (price tagging the band from the inside).
The price is headed to two main levels:
50 SMA - also the 0.5 Fibonnaci Retracement
200 SMA - also the 0.618 Fibonnaci Retracement
Commodity Channel Index, custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis.
Follow @MeowSignals for more insights! Also make sure to visit our...
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Website: (coming soon)
DUSK/BTC TA Update (Daily Trend Change?)DUSK/BTC
Dusk finally broke the down-line resistance and 50 Day MA. Made a Higher High and Higher Low, a potential daily trend change is on the way.
We need a healthy pullback to the previous resistance to turn into new support. I have highlighted in the chart where we can expect a bounce.
$DUSK, Pushing against ~700sats resistance level w volume..$DUSK
Pushing against ~700sats resistance level with increasing volume
Mainnet Launch coming on December end
UCTS Buy signal on the 1D chart.
RSI moving quickly to bullish levels.
Wait for a flip of this level for a potential entry..
If happens aiming for 815/950 sats
#DUSK
Dusk Network Volume Starts To Grow | 265%+ TargetHere is the full chart for Dusk Network (DUSKBTC):
Trading volume is now starting to grow and EMA50 has been broken... What this means is that DUSKBTC can easily move higher after trading day closes, hitting EMA100 (0.00000849) easy next, it would only take a few days.
The chart is looking good and Dusk Network can easily start to grow from here... Thanks a lot for your support.
Namaste.
DUSK/BTC | Wedge Breakout..!!DUSK/BTC (Binance)
Falling Wedge Breakout Done in Daily Chart With Strong Buying Volume ..
Printing RSI & MACD Bullish Divergence as Well in Daily Timeframe .
But Need More Volume For Healthy Uptrend..
590 Sats is the Major Resistance..!!
Please, give us your opinion in the comments.!!
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The information given is never financial advice. Always do your own research.
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Today`s ALT!!! DUSKBTCBINANCE:DUSKBTC
Exchange : Binance
Coin: DUSKTC
Buy Zone: 0.00000635~0.000006
Target Point: 0.00000675/ 0.00000745/ 0.00000785/ 0.0000083/ 0.0000088/ 0.000000925
S/L: 0.00000058
Risk: HIGH
Term: Middle
You should be careful in buying DUSKBTC because of Bitcoin
It`s making Short Volume Profile(blue box)
When it touch Up Trending Line, it`ll be pumping
The Chart and RSI have similar Up Trending Line
The Volume is almost down
It`s time to be pumping !!!
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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DUSK/USDT the Nightmare Continues NO TRENS no FRENSFrom a TA perspective DUSK is still in a choppy very low volatile range, the old levels above .10 are still in play if we begin an uptrend.
We'll (shrugs) I had high hopes for $DUSK so far it looks like they front-loaded all of their marketing to P&D before the token vesting
got into full swing. Namely promoting their mainnet by now, huge "partnerships" if you read their medium posts it looks like they
are still trying to figure things out from a coding perspective. They've made some interesting hires, formed some good intergovernmental partnerships but these are boring to most crypto retail, they don't in anyway fall under the fomo category like a big name partnership does.
Jelle Pol even stopped doing AMA and video interviews AT THE TOP OF THE PUMP. I can't make this up, it's obvious they
play the crypto pump game which is fine it means they'll pump in the future when the environment is more bullish. They
were incredibly busy marketing right up till the top of the pump... SMH.
For now it's clear they have ZERO intention of printing any kind of uptrend before the majority of tokens are released. I'd say the second by second vesting experiment is a horrible idea for any teams out there that may comes across this. Just release your tokens slowly over years so retail doesn't get absolutely hammered.
Dusk Network DUSK surge in price incomingHello, no typos on this post I promise. ;)
Dusk Network is in what looks like the beginning of a nice uptrend, with resistances at 700, 800 and 925 sats respectively. After observing the order books and the coin's behavior in the last 2 days, I'm confident a rise is imminent, if bitcoin doesn't dump in the following days.
The coin is part of a conference in the 14th of November, however I don't expect big news to come out. I'm bullish due to the fact that this alt hasn't pumped yet like many other alts after losing most of its value, and because the chart shows a good setup.
The main downside of this coin its its relatively low volume (around 120btc right now), making it somewhat tricky to set up effective stop-losses. I recommend a trailing stop-loss as exit strategy, setting it below every resistance as Dusk breaks and retests them.
Good luck.
DUSKBTC formed bullish Gartley | Upto 20% potential tradePriceline of Dusk Network / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000582 to 0.00000551 sats
Sell between: 0.00000606 to 0.00000663 sats
Regards,
Atif Akbar (moon333)