DUSK/BTC - Divergences everywhere! Can it break out?

DUSK is setting up for a nice trade despite the bearish market structure. Can the bulls push it up higher? I think it's possible.

My reasoning:

• Structure: Falling wedge chart pattern getting very tight.
  
• Divergence: Confirmed div in histogram , divs in willy and RSI.
  
• Volume: OBV is strong, showing a lot more buyers than sellers despite the falling price. Divergence since late November.
  
• VPVR: Below the POC, however the notch above coupled with the strong volume coming in I think we can fill it.
  

Falling wedge pattern (stockcharts): school.stockcha...ts.com/doku.php?id=chart_a...

Hit the LIKE button if you find my analysis valuable and want to support me. Follow to make sure you don't miss any future trade ideas.

Trade active:

Trade closed: stop reached:

The answer is no! Despite the incredibly bullish setup, there was absolutely no follow through and we lost support once BTC started gaining momentum. An altcoin trader's life ;-)