Dusk Network (DUSK/BTC)

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Turn Up the Volume

The DUSK/BTC chart jumped out at me recently. Price has been following a well defined descending wedge. As the wedge has been tightening the volume has been rising. The last few months of volume looks like more like accumulation than distribution. Those are pretty decent signals to consider.

The Two Best Trades on the Chart

Based on the proximity to resistance the best risk play seems to be buying the breakout. If the volume fails to be enough to create a breakout then the bottom of the wedge near the shopping cart icon should provide a nice bounce.

Disclosure. The author has a small bag of DUSK.


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