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.
DUSKUSDT trade ideas
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
Alikze »» DUKS | Wave 3 or C rising super cycle scenarioIn the weekly and daily time, after going through a complete motivational cycle, it has gone through a correction cycle, which has encountered demand again after almost 50% of the previous wave.
🔰 Currently, it is in its own short-term ascending wave 3, and this cycle will have the ability to grow up to the red box area.
🔰 But in its super cycle, this wave was able to move up to the specified areas of 2.93, and then, if the area breaks, this wave will have the ability to continue moving up to the area of $7.89.
⚠️ In addition, you should pay attention to the fact that after a short cycle, any correction should not have influence under the first green box, in this case the transaction will be reversed.
🟩Sup:0.39
⛳️Tp1 : 0.7575
⛳️Tp2 : 1.3137
⛳️Tp3 : 2.93
⛳️Tp4 : 7.89
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#DUSK/USDT - Long - Potential 58.53%Strategy: Long
Exchange: BINANCE
Account: Spot
Entry mode: Market order in range
Invest: Risk 1%
Exit:
• ⎿ Target 2 : 0.6619 57.6%
• ⎿ Target 1 : 0.4501 7.17%
Entry: 0.4200 ⌁ 0.4200
• ⎿ Current market price: 0.4199
Stop: 0.3544 (-15.62%)
Technical indicators:
Trendline break, RSI momentum, volume spike
• ⎿ 24h Volume: 32942086.8446
• ⎿ Satoshis: 0.42
• ⎿ Analysis: TradingView
Alikze → #DUSK | Major ceiling supportIt is moving in an ascending channel at time h4. With the breaking of the previous major ceiling, it is placed in a density which, if supported in the green box range, will have the ability to exit the density for the specified target and resistance. Otherwise, it will touch the previous floor.
🟩Sup: 0.2930
⛳️Tp 1:0.34
⛳️ Tp2 :0.3540 | 0.366
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✴️ Dusk Network Moves Forward | Next Target Mapped (214%)Dusk Network (DUSKUSDT) is one of the old-timers, people remember it from the last bullish cycle.
This pair is strong compared to many others as the bottom was hit late December 2022, no new lows 2023.
Volume started to rise late January and the consolidation phase, between June and October, was marked by whale accumulation.
➖ First the bullish wave in early 2023.
➖ The correction went from February through June and the rest is the accumulation phase just mentioned.
We are now within the next bullish wave as the bullish breakout already took place.
👉 DUSKUSDT is trading high above EMA300 (0.1343), supported by volume... We can expect additional growth.
The targets can be found mapped on the chart.
Thank you for reading.
Namaste.
BINANCE:DUSK/USDT - Flag Pattern Formed---------------------------------------------------------------
Description
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+ DUSK just formed a nice flag pattern
+ Once flag breakout we can enter a trade.
+ This pattern has high accuracy so you can confidently enter the trade.
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VectorAlgo Trade Details
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Entry Price: 0.2783
Stop Loss: 0.2402
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Targets 1: 0.2943
Targets 2: 0.3124
Targets 3: 0.3390
Targets 4:0.3764
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Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
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Note: Enhance, Trade, Grow
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VectorAlgo
DUSK LONG ANALYZE 1H Hello dear traders
In the dusk currency, the price can experience a price correction after a significant drop in the 1-hour period
The next destination can be the consumption of liquidity at the specified level.
You can be with me in this position with your trading style.
Thank you for your support
Be happy and healthy
DUSK/USDT Could DUSK Break out the resistance or rejected ??💎DUSK has undoubtedly garnered significant attention in the market. Presently, DUSK finds itself in a critical position, facing the daily resistance area, which coincides with the neckline of an ADAM & EVE pattern.
💎 If DUSK manages to break out of this resistance, it could serve as a bullish signal for the market, probability leading to a significant upward movement with the chance to reach our target Bearish OB area.
💎 However, if DUSK fails to break through the daily resistance, the price may face rejection and begin a downward trajectory towards the demand area, where it could establish new momentum.
💎 When returning to the demand area, it becomes crucial for the price to bounce. Failure to do so, and a breakdown below the demand, could indicate a reversal to a downward movement, possibly reaching the support level or even going further down.