Dusk.
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👉 Basic knowledge such as the double bottom model, neckline, how to measure targets may seem simple, but in reality, they are extremely important to:
Identify a beautiful setup.
Enter trades accurately, without random FOMO.
Take profits with a plan, avoiding holding positions too long before a reversal.
Many people keep searching for some "super secret", but in fact, success in trading lies in mastering the basics + disciplined execution. 📚💥#Dusk. #BinanceAlphaPoints
Identify a beautiful setup.
Enter trades accurately, without random FOMO.
Take profits with a plan, avoiding holding positions too long before a reversal.
Many people keep searching for some "super secret", but in fact, success in trading lies in mastering the basics + disciplined execution. 📚💥#Dusk. #BinanceAlphaPoints
Double Bottom Model
📍 Identification Characteristics:
Price decreases significantly => creates the first bottom.
Light rebound => then decreases to create the second bottom (equal to or slightly lower than the first bottom).
After the second bottom, the price starts to bounce back strongly.
There is confirmation with increased volume during the rebound.
.
📍 Identification Characteristics:
Price decreases significantly => creates the first bottom.
Light rebound => then decreases to create the second bottom (equal to or slightly lower than the first bottom).
After the second bottom, the price starts to bounce back strongly.
There is confirmation with increased volume during the rebound.
.
*🚨 DUSK: Breakout or Retrace? Key Levels to Watch! 🔥*
📊 *Current Price:*0.1377 (+10.69%)
*Key Levels to Watch:*
🔑 *Support:* 0.1300
- IfDUSK holds this level, it could continue its upward momentum. A solid bounce from this level would indicate a potential breakout.
🔑 *Resistance:* 0.1450
- A break above this level could signal a continued rally. This is the next major hurdle forDUSK to keep pushing higher.
*Prediction & Analysis:*
🚀 *Bullish Scenario:*
If DUSK can break through0.1450 and sustain momentum, we could see a quick push towards 0.1550 and potentially0.1600. The market seems to be in a positive trend, with a 10.69% increase, so continued buying pressure could lead to more gains.
⚖️ *Bearish Scenario:*
If the price retraces and falls below 0.1300, it could signal a short-term pullback, with support at0.1200. A breach of this level might suggest a deeper retracement before another rally attempt.
🔮 *What to Watch:*
Pay attention to market sentiment and volume. If volume picks up during a breakout above 0.1450, that’s a strong signal for continuation. If volume drops, it could indicate a lack of conviction, and a retrace could happen.
Keep an eye onDUSK, as it’s at a critical juncture! 🧐📈
$DUSK
#Dusk. #Write2Earn #Vote-PIOnBinanceYesOrNo #BinanceAlphaAlert #BinanceAirdropAlert
📊 *Current Price:*0.1377 (+10.69%)
*Key Levels to Watch:*
🔑 *Support:* 0.1300
- IfDUSK holds this level, it could continue its upward momentum. A solid bounce from this level would indicate a potential breakout.
🔑 *Resistance:* 0.1450
- A break above this level could signal a continued rally. This is the next major hurdle forDUSK to keep pushing higher.
*Prediction & Analysis:*
🚀 *Bullish Scenario:*
If DUSK can break through0.1450 and sustain momentum, we could see a quick push towards 0.1550 and potentially0.1600. The market seems to be in a positive trend, with a 10.69% increase, so continued buying pressure could lead to more gains.
⚖️ *Bearish Scenario:*
If the price retraces and falls below 0.1300, it could signal a short-term pullback, with support at0.1200. A breach of this level might suggest a deeper retracement before another rally attempt.
🔮 *What to Watch:*
Pay attention to market sentiment and volume. If volume picks up during a breakout above 0.1450, that’s a strong signal for continuation. If volume drops, it could indicate a lack of conviction, and a retrace could happen.
Keep an eye onDUSK, as it’s at a critical juncture! 🧐📈
$DUSK
#Dusk. #Write2Earn #Vote-PIOnBinanceYesOrNo #BinanceAlphaAlert #BinanceAirdropAlert
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