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Dusk Network / TetherUS

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DUSKUSDT trade ideas

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. <———————————————> Follow us on our socials for more! Thanks and happy trading :)
by CryptoTradersWW
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
Long
by moon333
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.
Long
by maheswar81
2
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
Long
by BitonGroup
10