DUSK/BTC (Bounce up at Golden Fib?)DUSK/BTC
-Dusk Network is trading at the key support area
-This is a confluence of previous resistance turned support
-Take note, the .618 golden Fib ratio is perfectly matched in here
-If the market condition will not make any catalyst movement in the coming days
-This coin has the chance to bounce back up to 997 sat or higher
-Bearish side, candle body below the green support will invalidate my bias
Duskbtclong
DUSK/BTC (Strong Daily Candle)DUSK/BTC
-cross ultimate indicator flashes signal last July 10
-the price went up over 40% today hitting multiple resistance zone
-it would be healthy if we can see a minor pullback in the green zone
-consolidate between 500-470 sat range before another leg up
-the next upside target is up to 700 sat
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.
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)
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)
DUSKBTC formed a bullish BAT | Upto 23% potential tradePriceline of Dusk Network / Bitcoin cryptocurrency has formed a bullish Butterfly BAT 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: 0.00000758 to 0.00000734
Sell between: 0.00000816 to 0.00000903
Regards,
Atif Akbar (moon333)
Dusk Network is Finally Showing Early Reversal SignalBINANCE:DUSKBTC is finally showing early reversal signals. Get ready to see a potential uptrend.
Plz let the next close above the high of long day candle to confirm bullish trend and put your stop as shown in chart and use Fib levels as targets. For extreme safe trades do wait until we break the resistance and consolidate a little. \
RSI is has finally increased to previous high levels.
Macd is getting better now.
This is an early signal chart we need to wait a little to confirm the trend. i will post detailed one also.
Happy trading.
$DUSK Ready For Another Run?$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.*
DUSKBTC formed a bullish BAT | A good long opportunityPriceline of Dusk Network / Bitcoin Cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
I have defined the targets using Fibonacci sequence as below:
Buy between: 0.00002231 to 0.00002164
Sell between: 0.00002390 to 0.00002629
Regards,
Atif Akbar (moon333)
Dusk/Bitcoin daily prediction, 30m chart #3As predicted the price follows the strong uptrend, and there's a lot of people who continues to doubt, open the position or not. I can't answer on this question but here are several factors for me: still low MC, strong team and very very very interesting blockchain with plans for the future.
GL!