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.
DUSK/USDT the Nightmare Continues NO TRENS no FRENSFrom a TA perspective DUSK is still in a choppy very low volatile range, the old levels above .10 are still in play if we begin an uptrend.
We'll (shrugs) I had high hopes for $DUSK so far it looks like they front-loaded all of their marketing to P&D before the token vesting
got into full swing. Namely promoting their mainnet by now, huge "partnerships" if you read their medium posts it looks like they
are still trying to figure things out from a coding perspective. They've made some interesting hires, formed some good intergovernmental partnerships but these are boring to most crypto retail, they don't in anyway fall under the fomo category like a big name partnership does.
Jelle Pol even stopped doing AMA and video interviews AT THE TOP OF THE PUMP. I can't make this up, it's obvious they
play the crypto pump game which is fine it means they'll pump in the future when the environment is more bullish. They
were incredibly busy marketing right up till the top of the pump... SMH.
For now it's clear they have ZERO intention of printing any kind of uptrend before the majority of tokens are released. I'd say the second by second vesting experiment is a horrible idea for any teams out there that may comes across this. Just release your tokens slowly over years so retail doesn't get absolutely hammered.
DUSK To the Tether Triple Bullish Div-ConvMassive falling wedge pattern on Dusk right now. Typical profit taking levels of a falling wedge are between a 50% and 61.8% retrace! Although we have resistance around 38.2%. Depending on the price action there and technicals, it is possible we may take an early profit at the .382 if we get to it! You are showing triple Bullish Divergence in Convergence on the Daily time scale with a potential higher low double bottom! Exit and stop targets are depicted on the charts! :) <3
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DUSK Network / DUSKUSDT / Daily / Technical ChartDUSK Network / DUSKUSDT / Daily / Technical Chart
Formation: Inverse Head and Shoulder
Risk Management: 2%
Wish you many pips
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If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.