}
Hi dear friends, hope you are well and welcome to the new update on Dusk Network (DUSK) token with US Dollar pair.
On the daily time frame chart, the price action of DUSK has completed the formation of a bullish Cypher pattern. There is also 25 simple moving average support in the buying zone and 50 SMA is moving up to provide more firm support to the price action of the DUSK token.
Buy and Sell targets:
Buy between: $0.3889 to $0.3733
Sell between: $0.4011 to $0.4305
Stop loss:
The maximum extent of potential reversal zone $0.3733 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 15%, and the loss possibility is 5%.
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.
For more harmonic trading ideas you can join: