Dusk Network (DUSK) Buy ZoneDusk Network (DUSK) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
Risk : Medium
Our strong support remains at $0.43 zone which has already been retested and rejected several times in the last few days, Dusk Network has flipped bullish on lower time frames.
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$DUSK/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 0.415 - 0.4375
TP 1 : 0.4525
TP 2 : 0.485
TP 3 : 0.51
TP 4 : 0.535
TP 5 : 0.5665
TP 6 : 0.595
TP 7 : 0.6365
TP 8 : 0.695
Stop Loss : 0.384
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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DUSKUSDT trade ideas
🆓Dusk Network (DUSK) Feb-19 #DUSK $DUSK
The $0.4 zone has been successfully tested and it could form a Double Bottom pattern if it breaks out of the $0.5 zone and will continue to rise sharply to the $0.6 zone in the near term.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.4$ zone
🔴Buy : 0.4
🔴Sell : 0.5 - 0.6 - 0.7
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.4$ zone
🔵Sell : 0.4
🔵Buy : 0.34 - 0.28
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Will DUSK Coin Price Hit The Floor Of $0.4?DUSK coin price is currently in a downward trend in the weekly chart and can soon see a new high in the future. On coming to the daily chart, the asset is in a downside trend and may hit a brick wall near the value of $0.4. If the asset price sees an uptrend then a halt near the value of $0.8 can be seen. If the asset price sees a downfall then a strong bearish move in the future can be seen. DUSK/BTC pair can also see the similar gains in price in upcoming days.
DUSKDUSK has had an impressive run since the low of January 22nd to the high on January 26th, a +51% gain. After a few Zig Zags, DUSK has lost about 11% of those gains.
Now I would like DUSK to retrace towards the Golden Pocket, for that it needs to break below Support 1 and Support 2. While it's taking stabs at Support 1, it is at the bottom of the weak channel since January 24th, and I believe it still has one last bounce left in the channel (or not).
I won't be considering an entry until DUSK clears Fibonacci Retracement level of 0.382.
When in trade I keep to a strict Risk Management plan and keep an eye on BTC
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
DUSKUSDT Update- SpotIf the price breaks the triangle validly, we will have a short-term uptrend, and the price will touch the specified levels, based on the Ichimoku Cloulds. I highly suggest that you buy some DUSK, if the price breaks the triangle. Be committed to the mentioned levels and prices. If anything different happens, I'll keep you posted. ENJOY!