DUSK +40% PROFIT BULLISH

Hôm kia

DUSKUSDT LONG 🟢

I think #DUSK is bottoming here.

Beautiful Fibonacci Retracement printed and RSI Is OverSold

🎯 Target 1 - $0.2091
🎯 Target 2 - $0.2178
🎯 Target 3 - $0.2265
🎯 Target 4 - $0.239
🎯 Target 5 - $0.2548


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Fibonacci Retracement :

Fibonacci retracement is a technical analysis tool used in financial markets to identify potential reversal levels. It is based on the Fibonacci sequence, where each number is the sum of the two preceding ones. The key levels derived from this sequence (typically 23.6%, 38.2%, 50%, 61.8%, and 100%) are used to predict areas where the price may retrace before continuing in the original direction.

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RSI :

The Relative Strength Index (RSI) is a momentum oscillator used in technical analysis to measure the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought or oversold conditions in a market.

The RSI is calculated using the average gains and losses over a specified period, usually 14 days. A reading above 70 generally indicates that an asset is overbought, suggesting a potential price pullback, while a reading below 30 indicates that it is oversold, suggesting a potential price increase.

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EMA 50 / 100 / 200 :

The EMA 50, EMA 100, and EMA 200 refer to Exponential Moving Averages calculated over 50, 100, and 200 periods, respectively. Each of these EMAs serves different purposes in technical analysis:

EMA 50: This is often used to identify medium-term trends. Traders look for crossovers with shorter EMAs (like the EMA 20 or 10) for potential entry and exit signals. It can also act as a dynamic support or resistance level.

EMA 100: The EMA 100 provides a broader view of the trend and is used to confirm longer-term trends. It can help traders determine the overall market direction and filter out noise from shorter-term price movements.

EMA 200: This is one of the most widely followed indicators in technical analysis. The EMA 200 is used to identify long-term trends and overall market sentiment. A price above the EMA 200 often indicates a bullish trend, while a price below suggests a bearish trend.

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SMA 50 / 100 / 200 :

The SMA 50, SMA 100, and SMA 200 refer to Simple Moving Averages calculated over 50, 100, and 200 periods, respectively. Each of these SMAs is used to analyze trends and identify potential trading opportunities:

SMA 50: This moving average smooths out price data over the last 50 periods (days, hours, etc.) and helps identify medium-term trends. Traders often watch for crossovers with shorter SMAs to spot potential entry or exit points.

SMA 100: The SMA 100 provides a longer-term view of price movements. It helps traders assess the overall market direction and can serve as a support or resistance level during price retracements.

SMA 200: This is one of the most commonly used indicators in technical analysis. The SMA 200 averages the last 200 periods, helping traders identify long-term trends. A price above the SMA 200 generally indicates a bullish trend, while a price below suggests a bearish trend.