DUSKUSDT trade ideas
DUSKusdtAn interesting setup, if it gets fixed, it can go further and mean, the question, of course, is the fundamental reasons: "what are they?".
The main idea is that the level will be fixed.
If there is no consolidation, then it can go up to 0.1. We can assume that the movement is already over, 1 = 3 wave, and 5 = 0.618 from 3 and this is a false "puncture".
DUSK network, bullish weekly chart, might go parabolic DUSK network, bullish weekly chart, might go parabolic in the coming weeks
In the poast cycle we've had defi -> nfts -> dogcoins -> metaverse
In my opinion ZK's (zero knowledge) protocols/dapps might be the next big thing in blochchain. DUSK is one of the frontiers on the development of ZK applications
DUSK - Huge potential upside. Passive Income Generator.DUSK has the potential to be a hidden gem that rallies to over $1 or higher. In the crypto world where there have already been many 10x or more coins this cycle, a lot of coins have already rallied in my opinion. While they could still rally to even higher highs, the chance to get in on SOL or AVAX or EGLD or ONE at low levels is past.
Enter DUSK.
This privacy based token is being developed in the Netherlands and seeks to be compliant with current laws and regulations. It is currently still a token, riding on the Ethereum blockchain, but their testnet is scheduled to launch on Feb 1st, 2022. Eventually their mainnet will launch. After that happens, DUSK will go from being a token to a COIN with it's own blockchain and it's use cases will go up significantly.
I believe it has the potential to more than 10x from here.
Passive Income opportunities:
Also, given that it currently paying out at a set 12% APR if you stake your DUSK tokens with them, I believe it to be a great long term holding. Another way to earn passive income with this token is with the Binance.com DUSK-USDT liquidity swap pool which is currently paying out 40%+ (note: the high payout is based upon currently trading activity, if the volatility goes down, then so will the fees earned by adding funds to this swap pool, make sure you understand how liquidity pools and AMMS work before investing).
Short term Trading opportunity:
If DUSK can make a new all time high, I believe it will rally up to just over .60 per coin before a pull back.
*NOT FINANCIAL ADVICE*
Links:
dusk.network
dusk.network
staking.dusk.network
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 - Bullish RetestPrice Broke up through, after creating a Bullish Pennant.
It's pull back caused me to draw a bullish retracement, Which highlighted the retrace currently sitting on the .618 fib line.
Due to both the decrease in volume (signalling a readiness of price explosion), & the fact that the .618 is such a strong indicator. I am lead to believe that a strong bullish push could be imminent, granted it doesn't fail the re-test.
Entry: 0.3175
S/L: 0.3087 (2.76%)
T/P: 0.3461 (8.96%)
R/R: 1:3
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 is in a second bull movea couple weeks ago we where in a rising move for dusk, after that we saw a consolidation trend. after the consolidation. we can assume that we are in a bull market again. lets see what will happen in the near future. if the news won't effect it we can say that we are now in a bull market...