DUSKBTC
Dusk Network High Volume (Easy 120%+ Mapped)Dusk Network (DUSKBTC) is showing really high volume right now.
Today's volume bar is the biggest since August 2019, shortly after DUSKBTC was made available for trading on Binance.
A new All-Time Low was also hit today and a strong bounce is taking place.
This high volume can signal the bottom for Dusk Network, which tells us that prices are likely to start moving up (green arrow).
On the other hand, if momentum is lost and prices move lower, the bulls lose control below 0.00000250 (marked with a dashed red-line on the chart) but, we always remain bullish long-term and a strong bounce is always expected (blue arrow).
Thanks a lot for reading. 😊
Namaste.
Dusk, start your enginesWith mainnet is being prepared for the public the first partners are being announced. This will most likely come with a change in volume which in turn will raise the price. As the books are thin on the sell side it won't take a lot to see a big move. Ater the double bottom has formed I think the way will now be up, towards pervious resistance/support lines as stated on the the chart. Movements along the GANN FAN around resistance.
**Disclaimer, this is my idea, not advice to join or leave this trade. Don't use money you can't lose**
DUSK/BTC - Strong accumulation taking placeDespite altcoins having experienced a rough fortnight, astute buyers continue to accumulate. I believe Dusk is setting up for a bullish next few weeks.
My reasoning:
Structure: Double bottom, higher low.
Divergences: OBV div with sustained buying. Histogram div (unconfirmed), willy div.
Location: Reload zone.
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Dusk Network Trade Signal @alanmasters [DUSKBTC](125%)DUSKBTC (Dusk Network) recently printed really high volume after hitting a new low.
EMA100 worked as resistance on the way and now that the retrace is reaching an end, it is time for another move up.
Remember that patience is key.
It can take multiple weeks for any trade/chart to start moving and up to 6-8 months for a trade to fully develop.
This is not financial advice.
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Trade: Dusk Network | DUSKBTC
BUY: 0.00000390 - 0.00000430
NEXT SUPPORT: 0.00000360
TARGET:
1) 0.00000470
3) 0.00000555
4) 0.00000740
5) 0.00000888
6) 0.00000970
POTENTIAL PROFITS: 125%
STOP: Close weekly below 0.00000330.
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Thanks a lot for reading.
Remember to hit LIKE for more.
Namaste.
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