DUSKBTC trade ideas
Dusk Network | Long-Term Targets Mapped (445%+)We just looked at DUSKBTC (Dusk Network) on the daily timeframe, we did a short-term... You can find it below:
Now, if you are looking at Dusk Network long-term, feel free to follow this chart.
This is the weekly chart for DUSKBTC
Prices are slowly moving above EMA10... It is only Wednesday and this signal is only confirmed when the weekly candle closes. Above EMA10 we look bullish, below EMA10 we look bearish.
We also have a falling wedge here and the TD Sequential going bullish.
Here is a closer look:
All the targets are mapped on the chart.
Thanks a lot for visiting.
Namaste
Dusk Network | So Simple Yet So Profitable (130% Mapped)The chart for DUSKBTC (Dusk Network), is looking really bullish right now with really high volume being printed... With a break of EMA10 and EMA50, green and yellow lines, DUSKBTC opens up to rapid growth.
EMA100 is the purple line on the chart and is now working as resistance.
Notice how prices stopped perfectly at this indicator, showing how useful/valuable EMAs can be when charting crypto.
As for the signals coming from the chart, we also have a falling wedge pattern and bullish indicators...
All these strong signals are telling us that Dusk is ready to grow over 100%.
Additional details can be found on the chart.
Thanks a lot for reading.
Namaste.
Previous analysis | DUSKBTC Dec. 25, 2019
LONG - DUSK - Trading OpportunityDUSK finally breaking the MA200 and now retesting it, a lot of volume has been coming in lately, which probably means that a continuation pump is on the process.
Entry: 0.00000435
Target 1: 0.00000489
Target 2: 0.00000547
SL: 0.00000411
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DUSK/BTC - Divergences everywhere! Can it break out?DUSK is setting up for a nice trade despite the bearish market structure. Can the bulls push it up higher? I think it's possible.
My reasoning:
Structure: Falling wedge chart pattern getting very tight.
Divergence: Confirmed div in histogram , divs in willy and RSI.
Volume: OBV is strong, showing a lot more buyers than sellers despite the falling price. Divergence since late November.
VPVR: Below the POC, however the notch above coupled with the strong volume coming in I think we can fill it.
Falling wedge pattern (stockcharts): school.stockcharts.com
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DUSK ANALYSIS (NEW LOW, OR BREAKOUT INCOMING?)DUSK
DUSK has recently failed to break above the 100 MA and hold it, after breaking down DUSK can broken below the 100 and now the 50 MA as well. 5 Red wicks in a row as RSI and Stoch continually fall. I dont see a major breakout now until DUSK hits support back at 495 sats. I would not recommend jumping into DUSK at the moment and rather wait until support is hit and a reversal is confirmed. There have been 3 other hits at support and this fourth hit could be the start of a new low or the final bottom hit. If support does hold the main targets are T1 at the 100 MA of 640 sats. The final target is a double top at 720+ sats. Again, do not enter until support has been hit AND reversal green daily wick is set in place. Otherwise, wait for a new lower low to be formed!
Possible Entries: 490-500 sats
DUSK/BTC TA Update (Triple Bottom?)DUSK/BTC
DUSK is forming a Triple Bottom but still trapped inside this bigger triangle pattern. If DUSK will face rejection between 700 - 750 sats area, a healthy pullback to the 600 sats area is feasible,
This will give the Bulls enough time to cool down before it will attempt again to break bullish outside the downward resistance at 700 sats and above.