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alikze
Feb 11, 2024 10:22 AM

Alikze → #DUSK | Major ceiling support Long

DUSK/USDT Perpetual ContractBingX

Description

It is moving in an ascending channel at time h4. With the breaking of the previous major ceiling, it is placed in a density which, if supported in the green box range, will have the ability to exit the density for the specified target and resistance. Otherwise, it will touch the previous floor.
🟩Sup: 0.2930
⛳️Tp 1:0.34
⛳️ Tp2 :0.3540 | 0.366
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Comment

After the last touch of support, the dynamic trigger will break and the first target will be available at the H4 time zone of 0.34.

Comment

If the current supply area breaks, it will have the ability to grow to the next supply area. Therefore, trail the profit limit zone after the break.

Comment

After exiting the density of the triangle, it went up towards the target and the supply range, which was unable to break it after two retests, and again penetrated into the demand area, which is being floored. Therefore, with a risk to reward of 4.90, he can retest the area again.

Comment

Unfortunately, it penetrated below the limit and the trading stop was activated. You can wait for the return in the region to confirm the downward trend.

Comment

Cell's position was correct, but this did not happen in this exchange due to the lack of liquidity, and in the Binance exchange, a shadow was cast on the area, which is clear that the aggregated liquidity has been collected at the bottom.
Therefore, pay attention carefully, maybe this position will not be activated in this exchange, considering that this liquidity is collected in Binance exchange, and the possibility of failure from above due to the collection of liquidity will be very high. So be very careful.

Comment

The position was not activated, but the first target was touched... 😕

Comment

After support in the range with ascending guard, it is breaking the resistance zone. Therefore, with the failure of the region and Polbek, it will have the ability to reach the supply region.

Comment

After the trigger breaks and the current pullback to the broken supply area will have the ability to grow up to the specified supply area.

Comment

After the failure of the first supply zone and pullback to the dynamic trigger, the next target of the supply zone was touched.
Comments
TheKitchenTrader
Would love to see your update here or new chart. Thanks.
alikze
@TheKitchenTrader, you're welcome. As soon as possible.
alikze
@TheKitchenTrader, #DUSK Update : >>
opmaatnick
dusk is moving up, what do you guys think is the next support or resistance?
opmaatnick
Thank you for your charts, whats your current view on dusk?
alikze
@opmaatnick, Please, I will update soon.
opmaatnick
@alikze, Great, appreciated!
MyCryptoParadise_Nathan
Great Job, I really like your analysis
alikze
@MyCryptoParadise_Nathan, Thank you friend Your analysis posts and trend scenarios are really admirable.
IrishGuy_
Thanks, going to keep an eye on DUSK now
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