alanmasters

Dusk Network Retrace Over? | Where To Next?

BINANCE:DUSKBTC   Dusk Network / Bitcoin
Dusk Network ( DUSKBTC ) retraced all the way to the 0.618 Fib. level from the last bullish wave. Can it bounce from here?

Normally we have altcoins retracing all the way down to 0.786 Fib., but in a bullish market, the retrace can be as short as 0.382 as well as 0.618. So if the current level holds, you can expect for DUSKBTC to move up from here.

We also see that the price managed to close above EMA100 (blue line) and is also trading above EMA50 (magenta). If there is follow up from the bulls here, DUSKBTC can easily move higher (purple and green arrows).

If instead, the price moves back below these levels, EMA50/100, then we can expect for the red arrow to be followed.


Dusk Network ( DUSKBTC ) Chart Signals

The signals are mostly bullish right now...


My view. Dusk Network can easily bounce here. If you decide to buy and trade, always make sure to have a plan. What to do if it moves down strong? What to do if it goes up? What to do if it goes sideways?

Prepare for all scenarios...

This is not financial advice.

Namaste.
Sep 01
Comentario: DUSKBTC price retraced to 0.786 Fib. support level, this is Dusks next strong support.

I will share a new and updated analysis.

Namaste.
💬 FREE Telegram | https://t.me/AMTrades

🔥 75% OFF code: 75OFFALL
🌐 Alan Masters Trades | Trade Crypto
https://alanmasterstrades.com

🅰️ Altcoins | https://t.me/AMC1REGBOT

⭐️ Binance Calls | https://t.me/BCREGBOT

💎 BitMEX | https://t.me/BBLREGBOT

Ideas relacionadas

hi pls update
Responder
i agree with this agree .great content
+1 Responder
alanmasters CognitoBTC
@CognitoBTC, Thanks.
Responder
Thank you for this educational content.
+1 Responder
alanmasters Harry_Seldon
@Harry_Seldon, My pleasure.
Responder
any updates on this from 4H ago? also can you look at ENJIN coin? you may have already ill look back in your posts. thnx :) wondering if i should sell and take a loss or HODL
+1 Responder
thank you! yes made some good profit :)
+1 Responder
Inicio Analizador de acciones Analizador de Forex Crypto Screener Calendario económico Shows Cómo funciona Funcionalidades del gráfico Precios Normas Moderadores Soluciones broker y sitio web Widgets Soluciones gráficas Biblioteca de gráficos ligeros Centro de ayuda Recomendar a un amigo Solicitud de funcionalidad Blog y Noticias Preguntas frecuentes Wiki Twitter
Perfil Opciones de configuración del perfil Cuenta y facturación Recomendar a un amigo Mis Tickets de Soporte Centro de ayuda Ideas publicadas Seguidores Siguiendo Mensajes privados Chat Cerrar sesión