Dusk Network (DUSK) Broke Out The Strongest Resistance
Hi dear friends, hope you are well and welcome to the new update on Dusk Network (DUSK).
Broke out the big channel:
Dusk has broken out a big up channel on weekly time frame.
A new key support:
Dusk network has also broken out a strong and long term resistance at $0.4617. Now it can work as key support for Dusk. Previouly we had such key support at $0.1296.
Longest resistance line:
After breaking out a big channel, Dusk has also broken out the longest resistance line of it’s history. Now a another long-term move can be expected.
Bearish divergence:
There is one critical signal is flashed on weekly, which is a bearish divergence as the priceline is forming a higher high but RSI is failed in doing so. But the difference is not big soon this bearish divergence can be removed if the priceline moves a little more up or moves here sideways as well.
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
Broke out the big channel:
Dusk has broken out a big up channel on weekly time frame.
A new key support:
Dusk network has also broken out a strong and long term resistance at $0.4617. Now it can work as key support for Dusk. Previouly we had such key support at $0.1296.
Longest resistance line:
After breaking out a big channel, Dusk has also broken out the longest resistance line of it’s history. Now a another long-term move can be expected.
Bearish divergence:
There is one critical signal is flashed on weekly, which is a bearish divergence as the priceline is forming a higher high but RSI is failed in doing so. But the difference is not big soon this bearish divergence can be removed if the priceline moves a little more up or moves here sideways as well.
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