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Dusk Network / TetherUS PERPETUAL CONTRACT

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DUSKUSDT.P trade ideas

Will DUSK Coin Price Hit The Floor Of $0.4?DUSK coin price is currently in a downward trend in the weekly chart and can soon see a new high in the future. On coming to the daily chart, the asset is in a downside trend and may hit a brick wall near the value of $0.4. If the asset price sees an uptrend then a halt near the value of $0.8 can be seen. If the asset price sees a downfall then a strong bearish move in the future can be seen. DUSK/BTC pair can also see the similar gains in price in upcoming days.
by tcr_thecoinrepublic
DUSKDUSK has had an impressive run since the low of January 22nd to the high on January 26th, a +51% gain. After a few Zig Zags, DUSK has lost about 11% of those gains. Now I would like DUSK to retrace towards the Golden Pocket, for that it needs to break below Support 1 and Support 2. While it's taking stabs at Support 1, it is at the bottom of the weak channel since January 24th, and I believe it still has one last bounce left in the channel (or not). I won't be considering an entry until DUSK clears Fibonacci Retracement level of 0.382. When in trade I keep to a strict Risk Management plan and keep an eye on BTC This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades!
Short
by WhoIsWu
DUSK 5 CountAttempting a EWT 5 count and corrective ABC for DUSK. DUSK doesn't yet have strong long term S/R channel to validate the count, so I've used the Parallel channel for extra confluence. ABC corrective levels are based on my Fibonacci Extension calculation. Targets are: A ~ 1.009 B ~ 1.057 C ~ 0.99 When in trade I keep to a strict Risk Management plan and keep an eye on BTC This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. BINANCE:DUSKUSDT BINANCE:DUSKUSDTPERP BYBIT:DUSKUSDT
Short
by WhoIsWu
DUSK/USDT by CryptoTradersWWDusk with a potential excellent set up based on where we close on the daily, former resistance now turned into support, possible falling wedge breakout, with a 0.786 fib retractement. Would like to see either price hold, sustain, and move higher at $0.705, or a test back down to $0.58 at the 786 level. Another one to keep an eye on, since the upper fib level objectives offer a favorable risk-reward ratio. <———————————————> Follow us on our socials for more! Thanks and happy trading :)
by CryptoTradersWW