DUSK - great potential mid termThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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DUSKUSDT.P trade ideas
Duskusdt updateIt is an update about dusk
We are goin to hit historical price and record a new ATH
We had 600% profit till now and if break its channel up ward we can see this target 0.5$ after 0.7 folllow by 1$
And after a correction to higher price
Dusk has a great privecy and stronge blockchain that in future you will see how it will be usefull
Do your own research set stop loss
DUSKUSDT 0.07$ Soon?$DUSK.X had a nice breakout from weekly resistance and 4h resistance. Now the price is testing the last resistance before 0.07$, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Dusk / USD - Past resistance becomes supportFollowing an oversold condition (orange column) on the above 2-day chart we now have an incredible buy opportunity. Why bullish?
1) Price action resistance (orange line) has become support. A very bullish signal.
2) Price action confirms support on the 150-day moving average (thick blue), following a re-test of orange line resistance (a) and then (b) as support.
3) Bullish engulfing candle with Point (2).
4) Volume increases significantly following the oversold condition.
5) RSI support suggests continuation in uptrend until mid-April.
1st target is 10 cents / 100%
2nd target is 26 cents / 360%
DUSKUSDT completing BAT move | Upto 31.3% move expectedOn small time period one hour chart, the price action of Dusk Network (DUSK) is completing final leg of BAT pattern, and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to BAT pattern should be:
Potential reversal or buying zone: $0.0486 to $0.0465
Fibonacci projection or sell zone: $0.0535 to $0.0611
Stop Loss:
The potential reversal zone area that is up to $0.0611 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 31.3% and as per the above-mentioned stop loss, the loss possibility is 4.4%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.