Cryptoknowmics
2022-02-22 11:12:46

DUSK Technical Analysis: It Is A Great Time To Buy

The DUSK cryptocurrency is one of the last to start correcting its growth wave. If the bulk of cryptocurrencies were already actively falling in November, DUSK was in consolidation at historical highs until mid-January. The first three weeks of the DUSK price fall encouraged investors. The price moved in small steps to the test of the previous historical high. However, after breaking the $0.4623 mark, sellers began to put more pressure on the price. An interesting fact is that the trading volumes have become smaller, and the result of pressure from sellers on the price is better. This proves the importance of the $0.4623 mark and the willingness to keep the DUSK price while the $0.4623 mark was under the control of buyers. https://www.tradingview.com/x/4BYm6kMW/ Locally the situation is under the control of sellers. To change the initiative in the DUSK market, buyers need to keep the price near $0.22. The range of $0.22 is the local level, which restrained the growth of DUSK price during September-October 2021. In addition, this range is a global trend line of the growth channel, which buyers are confident from March 2020. So far the price is above this trend line the chance of forming at least a local growth wave with the first target of $0.75 is quite high. DUSK Technical Analysis On The Daily Timeframe https://www.tradingview.com/x/H1l0VjNI/ Analyzing the DUSK price movement on the daily timeframe, you can see the narrowing...

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