DUSK/USDT by CryptoTradersWWDusk with a potential excellent set up based on where we close on the daily, former resistance now turned into support, possible falling wedge breakout, with a 0.786 fib retractement.
Would like to see either price hold, sustain, and move higher at $0.705, or a test back down to $0.58 at the 786 level.
Another one to keep an eye on, since the upper fib level objectives offer a favorable risk-reward ratio.
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Dusk
Dusk Network (DUSK) Broke Out The Strongest ResistanceHi dear friends, hope you are well and welcome to the new update on Dusk Network (DUSK).
Broke out the big channel:
Dusk has broken out a big up channel on weekly time frame.
A new key support:
Dusk network has also broken out a strong and long term resistance at $0.4617. Now it can work as key support for Dusk. Previouly we had such key support at $0.1296.
Longest resistance line:
After breaking out a big channel, Dusk has also broken out the longest resistance line of it’s history. Now a another long-term move can be expected.
Bearish divergence:
There is one critical signal is flashed on weekly, which is a bearish divergence as the priceline is forming a higher high but RSI is failed in doing so. But the difference is not big soon this bearish divergence can be removed if the priceline moves a little more up or moves here sideways as well.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Dusk - on 5th wave, ready for 500-600%Hello Friends,
I am back with another analysis.
DUSKUSDT - Nice wave in progress. As you could see, Wave 5 is in progress.
Possible to test $1 or more. But I have provided all the possible targets. So, please follow profit booking strategy.
Book 50% of the trade when it is in 100% profit and enjoy the remaining for rest of the life or like 10x or 20x :)
Post your thoughts. Dnot forget to hit 'Like' button which is very important for me :) and hit follow as well.
DUSK/BTC Bullish Confirmation! Easy Trade.This was a trade I set up during my 22 December stream. Thanks to the viewer who brought this chart to my attention. This turned out to be a successful trade and a re-entry chance has just appeared. Our first entry was at 1134 Sat triggered by four things:
1. Price slowly declining to the middle of the previous big green candle.
2. Price slowly nearing the rising trend line.
3. The strength of the 0.5 Fib line as demonstrated by the big green candle that reversed exactly off of it; this indicates that price will remain above 0.5 Fib.
4. Price nearing the 0.5 Fib line which has shown its strength.
The stop loss was just below the big green candle at 846 Sat. That was an easy trade, but we just got confirmation for a follow-up trade that is just as easy.
The bullish confirmation we got was the breaking of the ascending triangle shown in the chart. The entry will be right here at 1500 Sat and a stop loss just below the swing low at 1260 Sat. This may be a tight stop loss, especially considering that the target of the ascending triangle is at 2833 Sat.
Now whoever took the first trade at the time, now is the time to move the stop loss upwards, and do the follow-up trade.
If the stop loss is hit, then we need to re-evaluate.
You can follow this chart with my drawings and indicators on it here .
Follow me for updates on this trade and others.
$DUSK, Bot took an entry on the 2D UCTS Buy signal..$DUSK
Bot took an entry on the 2D UCTS Buy signal..
Breaking above every level since May on a very long 'accumulation phase'
Volume also spiking today and rising over the last 3/4 days
~75% toward YTD highs (big room to grow)
Let see how it goes!
#DUSK
DUSK / USD (Dusk Network) Token Analysis 04/11/2021Fundamental Analysis:
Dusk Network describes itself as a blockchain for programmable and confidential securities, powered by Zero-Knowledge proofs and novel Private PoS leader extraction-based consensus protocol. Dusk Network is a privacy blockchain for financial applications. It is a layer-1 blockchain that powers the Confidential Security Contract (XSC) standard, and supports native confidential smart contracts.
Dusk Network aims to address the requirements and needs of financial markets. Central to its design is a scalable public infrastructure, direct settlement finality of transactions, and strict data privacy.
Direct settlement finality. A distributed Financial Market Infrastructure (dFMI) should provide clear and final settlement of transactions. On Dusk Network transactions are fast, take seconds to complete, and achieve immediate on-chain finality.
Privacy. Dusk Network provides full user privacy and enables decentralized applications and third-parties to adhere to strict compliance requirements whilst still offering data privacy. This increases the ability to perform business processes on-chain, leading to significant cost reduction.
Public. Users do not need the approval of a trusted authority to use the Dusk Network blockchain. Besides, only minimal processing power and modest IT resources to join. All users who possess the DUSK token can participate in the consensus.
Through the use of a transactional model called Phoenix, Dusk Network focuses on bringing privacy and anonymity to both transactions and smart-contracts. Additionally, tokens deployed on Dusk Network can build on top of Zedger, a hybrid privacy-preserving model based on Phoenix, specifically modeled for security tokens.
The ‘Segregated Byzantine Agreement’ (SBA) consensus mechanism secures the network. According to the team from Dusk Network, SBA is an improvement over the underlying Proof-of-Stake (PoS) mechanism as it combines existing ideas like cryptographic sortition (lottery), stealth time-locked transactions (private stake amounts) and a reputation module to increase the chances of selecting honest nodes and further promote decentralization.
DUSK tokens can be used as a utility token to initiate transactions and atomic swaps, or for the deployment of smart contracts. DUSK can also be staked to participate in consensus and serves as a means of exchanging DUSK-denominated value. In the future, the team intends to expand the use-cases of DUSK by adding it to an on-chain governance system.
Dusk Network was founded in 2018 and is based in Amsterdam, the Netherlands.
The live Dusk Network price today is $0.182089 USD with a 24-hour trading volume of $2,977,375 USD. We update our DUSK to USD price in real-time. Dusk Network is up 6.17% in the last 24 hours. The current CoinMarketCap ranking is #540, with a live market cap of $69,314,818 USD. It has a circulating supply of 380,663,707 DUSK coins and a max. supply of 1,000,000,000 DUSK coins.
Technical Analysis:
The price has fallen to lower than 78.6% Level of Fibonacci Retracement zone and has already made a good value basis for the Accumulation,
we can clearly see a cycle has already been Placed in past and currently the Price is on the edge to start the new cycle where we can target the higher levels.
there are 3 main target areas defined for this Token Accoringly
Dusk Network : 12.12.2021 : $DUSKThe price has reached a very important resistance range, and if this resistance breaks , we can expect the price to increase to the following targets:
☑️ TP1 : 0.63$ (Short-term target)
☑️ TP2 : 1$ (Mid-term target)
☑️ TP3 : 2.18$ (Long-term target)
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 12.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
DUSK/BTC TRADE SETUP! 150-180% PROFIT EXPECTED!Hello everyone, if you like the idea, do not forget to support with a like and follow.
DUSK looks very promising here. It's been in the accumulation zone for many days and is currently at support. This is the right time to grab some DUSK.
Entry range:- 230-260 sats
Target1:- 334 sats
Target2:- 466 sats
Target3:- 584 sats
Target4:- 704 sats
SL:- 196 sats
If you like this idea then do appreciate it with like and follow.
Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank You!
DUSK/BTC DID 130% PROFIT AND GOING PERFECTLY SO FAR!Hello everyone, if you like the idea, do not forget to support with a like and follow.
First of all a big congratulations to all DUSK holders for the amazing profit. We told you to buy DUSK around 260 sats and from there it pumps almost 130% in just 15 days.
Till then we have achieved our three targets so far and waiting patiently to hit our last target which I think hits soon.
If you like my analysis, then do support it with likes and follow.
It always motivates me to work more and more.
I'll always try to give my 100% to my community.
All I want is your little support.
Thank You!
DUSK/USDT 700% potential from here as per Last same Fractals#DUSK/USDT Bullish update:-
$DUSK currently trading at $0.25
Now 24% up in 24 hours.
Strong breakout confirmed.
And Last Fractal also same.
I am expecting 700% Target from Breakout.
Best Entry:- $0.22-$0.190
Targets:- $0.43/$0.8/$1.43
Stop loss:- Will update
$DUSK STILL NEEDS A LAST PUSH TO CONFIRM$DUSK looking sexy, above the last couple of months range and currently consolidating, bought a chunk at this point but I still need to see it close above this first grey area, where I will be looking to add to my position if confirmed. A clear close above, and next grey area will be first target. Again, clear close and consolidation above that area, and next objectives are the ones in the chart.
Good luck!
DSK, DUSK chart interpretationDSK share price has had an immediate rebound from the bottom support zone marked with the ascending wedge, and is likely to start a bull run towards resistance. If the market continues strong before the 27th of August when they release the 2021 financial year results, it is possible for the share price to reach $4, or even a new all time high.
DUSK/BTC buy opportunityHi followers,
BINANCE:DUSKBTC formed the first higher low since the corrective move down,
It can be a clue that we are about to start new up trend.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my ideas - 👍 Like, 👆 follow and 👉 share!
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!