DUSKUSDT trade ideas
DUSKUSDT forming bullish Butterfly | Upto 53% profit moveThe price action of Dusk Network / US Dollar is forming bullish Butterfly pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0447 to 0.0390
Sell between: 0.0491 to 0.0599
Enjoy your profits and regards,
Atif Akbar (moon333)
Long DUSKUSDT 061119DUSKUSDT just showed a bear trap by breakdown from recent support. Then, price showed strength and claimed back the area. RSI also showed bullish divergence.
Long entry: Divide into 3 portions:
- 1st: Long at area 0.0550 - 0.0570
- 2nd: Long at area 0.0500 - 0.0520
- 3rd: Wait for breakout of decline trend
TP: As in the chart.
Stoploss: Candle close under 0.0485
Due to high stoploss, enter only 10% of maximum capital. Mind your own risk.