I'm not interested in dusk I used ichimoku to predict the movement
I think i wont do anything till 18 aug...
DUSKBTC trade ideas
DUSKBTC Analysis 08/08/19DUSK dominated the altcoins market today showing an incredible 70% gain against its Bitcoin counterpart.
This move is sustained by a strong increase in volume's momentum. We have to take into account the fundamental fact that DUSK has just been listed on Binance on July, 7th. Following a strong decrease, an impressive but normal initial to a coin listing, we are now seeing a revival of the volume as buyers step up and prop this coin up.
Thanks to the soaring volume, the coin was able to break through its short-term downtrend. It is now entering a resistance zone at the 1400 satoshis level.
After such an upward movement, we could expect some profits taking and therefore a price pullback toward the near term-support at 1100 satoshis,, a healthy movement that would help the coin to breathe and rebuild its momentum to target the 2000+ satoshis level.
However if buyers were not able to defend the 1100 satoshis level, this would be a very bearish signal that could lead to a strong sell-off toward the 800 satoshis level and lower.
Raphaël Comte
Investment Analyst at Token Metrics
Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .
DUSKBTC, Falling Wedge Forming this is not financial advice by any means, trade at your own risk.
Targets are in the green box.
Duskbtc up setupHello traders, Duskbtc down move is finished. Now wait for a nice break of the Trend line and correction if you want to take the trade up.
DUSK Bottomed out? (DUSKBTC)DUSK has been in a downtrend over the past 3 days since the initial listing pump up, fully retracing to pre-listing price.
We've just broken out of the downtrend on the 30 minute chart had a first test of the valley. Looking to backtest the downtrend for a potential move up above 0.00001857.
This is still a risky setup so be sure to set proper stop losses if you're entering.
Entry: 0.00001810 - 0.00001840
Stop: 0.00001700 (below the current bottom, you can set tighter depending on your risk)
Targets:
0.00001982
0.00002134
0.00002365
Dusk (Dusk Network) Descending Channel ..!!Dusk (Dusk Network)
- Recently Listed On Binance & Some other big Exchanges.
- Its Continuously Falling But Now I think it's Bottomed Out If Follow the Descending Channel Pattern.
- Before breakout It Might Test 1900 Sats Area .
- Targets After Breakout Will Be 2330 - 2600 Sats
Hit Like On Idea For Support.
Thanks
