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
DUSKUSDT
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)
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DUSK/BTC 4HOUR UPDATEWelcome to this quick DUSK/BTC analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- DUSK/BTC is bullish trend conform.and dusk good news
Entry:- cmp and hold
Traget:- 30% to 40%
Stoploss:- 0.00000480
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
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!
DUSKUSDT - Dusk Network - Beautiful Ascending TriangleDid a video charting this up but also wanted to share the fully charted thing!
I'm a bit in love with how nice this pattern looks, I have basically sentenced it to breaking down now so I apologize in advance for my recklessness!
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DUSK TRADE
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BUY: on the trend line OR play the breakout
TARGET: 0.335
STOP: 0.27
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Fundamentals
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Rank #422
Market Cap = $105,716,585
Privacy
Total Supply: 500,000,000
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LearnTA - DUSKUSDT - Picture Perfect Ascending Triangle!The idea of this video is to give a rough beginners guide on how to evaluate a coin/token/protocol. When you first look at it, what are you looking for? Is it worth ANY of your time looking at it? Is it a s**tcoin? Is it legit?
In dusks case its a super nice looking ascending triangle pattern, cutest triangle I've seen this month ;)
Right now its all about the breakout, you may get a chance for a 2 to 3% discount buying on the lower trend line, but the beauty of these setups is its not like you're waiting -10% for it to break pattern!
0:00 = Welcome :)
1:35 = DUSK Fundamentals
2:00 = Ranks
2:45 = Does Binance like it?
3:00 = What does it do?
5:15 = Tokenomics
8:30 = FIRST TECHNICAL ANALYSIS LINES
9:50 = FIB RETRACE LINES
11:15 = Basic Triangle Patterns
11:45 = THE SQUEEZE
16:20 = Measuring the MEASURED MOVE UP
18:30 = Closing thoughts
DUSKUSDTthis alt has done the break and pullback formation, in a great shape to enter position
the alt season is upon us and with all the ATH ETH is reaching while BTC dominance is constant means we are going to face all the signals happen
👉this idea has the confirmation of advanced price action
👉for more information about our services contact me via trading view private chat or our twitter
👉hit share and spread the information for everybody to get profit
DUSKUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has a good correction and as we have drawn a support line for you dear ones, it has been supported so far. If you want to have a more secure purchase, you can enter into a deal with the next positive candle and stabilize it. Slowly
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
#DUSKBTC can Breakout soon. 60% Potential Profit.DUSK looks bullish under this accumulation triangle.
Once we break out of this triangle I am expecting a 30% rally in DUSK.
Entry: 585 to 640 sats
Target :
732
789
845
945
1020
Stop Loss: 544
Do hit the like button and share your views/questions in the comment section.
Thank you
#PEACE