Trade Setup: DUSK Long PositionMarket Context:
$DUSK is potentially forming a double bottom in a high-conviction zone, suggesting a possible bounce. A break above $0.20, followed by a retrace to support, could signal a continuation of bullish momentum.
Trade Setup:
Entry: Around $0.19 - $0.20.
Take Profit:
First target: $0.283
Second target: $0.35
Third target: $0.4083
Stop Loss: Daily close below $0.16.
📊 Look for confirmation of a higher high and reclaim of support for bullish momentum. #DUSK #CryptoTrading #TechnicalAnalysis 🎯
DUSKUSDT trade ideas
papicoin long term strategy for dusk $duskblessings to all sisters and brothers who search and work for consciousness, love and freedom.
for you who understand what is going on and see on crypto the opportunity to empower decentralized communities for decentralized power and wealth, i am glad to share my long term strategy on theses cryptos that I am willing to accumulate and hodl.
the green areas are the ones I will use to but and accumulate, the lower the prices the more amount of capital, of course.
in the blue areas I will be taking some profits, the higher the price the more I will distribute.
feel free to ask anything, i would be glad to answer, but I do not promise immediate responses, lol.
keep connecting to the vibrations and elevating the frecuencies for the human awakening by meditating, praying, celebrating and being the origin of love and harmony!
DUSK ANALYSISBelow the price is the liquidity pool. The pool is expected to be swept soon.
We have a bearish CH on the chart, which indicates an internal pullback.
It is expected that we will move from the supply side to the demand side.
Closing a daily candle above the invalidtion level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Dusk Network - 200% waiting to be collectedOn the above 4-day chart price action has corrected 70% since the year began. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Regular bullish divergence. All but one oscillator continues to print positive divergence with price action.
3) Look left. Price action confirms support on past resistance.
4) Bull flag breakout. Flagpole measures 200% from breakout.
5) GRM support confirmed.
Is it possible price action corrects further? Sure.
Is it probable? No and no.
Ww
Type: trade
Risk: <=6%
Timeframe for long: Now
Return: 200%
DUSKUSDT Short Setup!DUSKUSDT Technical analysis update
The price of DUSK has touched its trend support line multiple times. If the price breaks below the support line on the 4-hour chart, we can confirm a trend change.
Short Level: Below 0.292 (Waif for the breakout confirmation in 4H chart)
Stop Loss: 0.343
Regards
hexa
DUSKUSDT.1DIn this technical analysis of the DUSK/USDT daily chart, we note significant price movements and technical indicators that suggest potential upcoming trends.
Key Observations:
Current Price and Daily Change:
The chart indicates a current price of $0.2938 for DUSK/USDT, with a significant daily decrease of 7.35%.
Support and Resistance Levels:
S1 (Support Level 1): $0.2555 - This support level represents a critical area where the price might find stability if the downward trend continues.
R1 (Resistance Level 1): $0.4144 - This level serves as the immediate ceiling that price needs to break through to confirm a bullish reversal.
Technical Indicators:
MACD (Moving Average Convergence Divergence): The MACD is below zero and appears to be decreasing, indicating that the bearish momentum is strong.
RSI (Relative Strength Index): The RSI is near the midpoint at 49.54, suggesting that the asset is neither overbought nor oversold, providing a neutral signal.
Technical Strategy and Conclusion:
The DUSK/USDT pair has recently shown bearish behavior, indicated by the significant daily decrease and the MACD’s position. The price is currently testing the region near the support level S1 at $0.2555. If this level holds, it may serve as a springboard for a potential reversal, with eyes on the resistance at $0.4144 as the next key target for bulls.
However, should the support at $0.2555 fail, it might lead to further declines, possibly exploring lower historical supports not visible on the current chart frame. Traders should watch these levels closely and consider the MACD and RSI for confirming signals on directional biases. As always, external factors such as market sentiment and economic news should be factored into any trading decisions. This analysis aims to provide a foundation, but real-time analysis and risk management are crucial for effective trading.
DUSKUSDT.1DIn this technical analysis of the DUSK/USDT daily chart, we note significant price movements and technical indicators that suggest potential upcoming trends.
Key Observations:
Current Price and Daily Change:
The chart indicates a current price of $0.2938 for DUSK/USDT, with a significant daily decrease of 7.35%.
Support and Resistance Levels:
S1 (Support Level 1): $0.2555 - This support level represents a critical area where the price might find stability if the downward trend continues.
R1 (Resistance Level 1): $0.4144 - This level serves as the immediate ceiling that price needs to break through to confirm a bullish reversal.
Technical Indicators:
MACD (Moving Average Convergence Divergence): The MACD is below zero and appears to be decreasing, indicating that the bearish momentum is strong.
RSI (Relative Strength Index): The RSI is near the midpoint at 49.54, suggesting that the asset is neither overbought nor oversold, providing a neutral signal.
Technical Strategy and Conclusion:
The DUSK/USDT pair has recently shown bearish behavior, indicated by the significant daily decrease and the MACD’s position. The price is currently testing the region near the support level S1 at $0.2555. If this level holds, it may serve as a springboard for a potential reversal, with eyes on the resistance at $0.4144 as the next key target for bulls.
However, should the support at $0.2555 fail, it might lead to further declines, possibly exploring lower historical supports not visible on the current chart frame. Traders should watch these levels closely and consider the MACD and RSI for confirming signals on directional biases. As always, external factors such as market sentiment and economic news should be factored into any trading decisions. This analysis aims to provide a foundation, but real-time analysis and risk management are crucial for effective trading.
DUSKUSDT1. Dusk Network selling plan.
2. I am not taking any profits until well above ATH on this project given there is barely any structure above us.
3. This project is very bullish both fundamentally with RWA and technically.
4. Dusk have recently started helping institutions tokenize bonds in Europe so it's technology is being adopted.
5. The sell targets on chart are actually FIB extensions when we hit past ATH.
6. Can see the project going to SEED_TVCODER77_ETHBTCDATA:2B - SEED_TVCODER77_ETHBTCDATA:4B MC this run.
DUSK (THE RWA GEM)Although all the hype going around DUSK at this point, I think it was in a corrective bullish wave since Dec2022.
The best buying range for it would be between $0.065 : $0.035
The invalidation point is crossing $1
The confirmation is breaking $0.27
After this bearish wave competes I think DUSK will be targeting a new ATH from down there.
DUSKUSD: Potential Ascending Triangle PatternDUSKUSD currently exhibits a promising technical setup with the emergence of a potential ascending triangle pattern. This pattern typically signifies a bullish trend continuation, with a series of higher lows and a horizontal resistance level forming a triangle shape. Traders and investors will be closely monitoring this development for a potential breakout to the upside, which could signal a surge in the DUSKUSD price. Keep an eye on this chart for potential trading opportunities.
DUSK can make a 2800% profit in 2024, buy now?First technical analysis. DUSK looks absolutely great! We have a pretty long bullish accumulation of whales, which you can see in the rectangular pattern. Usually, whales need to accumulate a lot of coins / contracts before they send a coin to the moon. What is positive is the Elliott Wave outlook. My EW count suggests that the WXYXZ complex correction has been completed together with the leading diagonal pattern. This is a strong bullish combination. Where to take profit? 1:1 Fibonacci extension is always a strong resistance, so I recommend taking profits at this level, which is an achievable 2800% profit. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What is Dusk?
Founded in 2018, Dusk is a Layer-1 blockchain designed to provide institutional-level and privacy and compliance in order to make it possible for anybody to trade real-world assets from their wallet. Built for regulated and decentralized finance, Dusk aims to evolve the financial landscape by making it possible for regulated assets to be brought on-chain.
Dusk’s three core pillars are; privacy and compliance in order to bring institutional-level assets to anyone’s wallet.
Using cryptographically secure Zero-Knowledge Proofs (ZKPs) to maintain privacy, the research team at Dusk have been leading the way in the developments of ZKPs, having had papers published on their work. A custom-built ZKP virtual machine, Piecrust, is the first of its kind and breaking new ground in the spaces of blockchain and privacy.
Featuring a suite of products, including Citadel, a ZKP licensing product which is well-suited to KYC/AML procedures as well as subscription-based models, Dusk is building the infrastructure for the economy of the future.
Benefits for businesses and institutions include automated and programmable compliance, instant settlement finality, and access to unified liquidity. Through the use of private smart contracts, Dusk is even able to provide levels of privacy above what banks and institutions are used to.
For users, Dusk offers the possibility to break out of the crypto sandbox, and make it possible to trade real-world, regulated assets with the same level of ease and autonomy as they can trade digital assets.
The Dusk network is Proof-of-Stake (PoS) and powered and secured by the DUSK token. The blockchain is public and open for anyone to use and participate in the consensus mechanism. Validators can run nodes by staking DUSK to secure the network, and transactions are paid using DUSK.
Through the use of a transactional model called Phoenix, Dusk focuses on bringing privacy and anonymity to both transactions and smart contracts. Additionally, tokens deployed on Dusk can build on top of Zedger, a hybrid privacy-preserving model specifically modeled for security tokens.
The ‘Segregated Byzantine Agreement’ (SBA) consensus mechanism secures the network. According to the SBA is an improvement over the underlying 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 is based in Amsterdam, The Netherlands. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
DUSK Eyes All-Time High After Price Surge, But Pullback LoomsDUSK Network (DUSKUSDT) has been on a tear in recent weeks, with its price reaching its first major resistance level at $0.63 today.
I'm predicting a potential pullback shortly, with support levels around $0.35 and $0.22. However, if the pullback doesn't materialize, DUSK could be poised to break through its previous all-time high of $1.16.
#DUSK\USDT#DUSK
We have a bearish channel pattern on a 12-hour frame, within which the price moves and adheres to its limits well.
We have a major support area in green at the 0.2800 level
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher when it is broken
Entry price is 0.3880
The first target is 0.4430
The second target is 0.5190
the third target is 0.6050