#DUSK HOLDS ITS GROUND AMIDST THE RECENT REJECTIONS OF BTC
DUSK has held the key levels 0.158, 0.178 and 0.199. These are the support levels that many buyers anticipate to have a great impact to retesting higher key levels. As for the other key levels such as 0.133, these are where extreme orders are present. Right now, after the 13.69% increase. Many sellers are thinking of their next action to take which is to accept those buy orders from buyers and get ready to do some selloffs to push the prices to its bottom. This is a favorable scenario for both buyers and sellers since discounted prices will be available for buyers and highest possible price in this period has existed for sellers.
#ENS POSSIBLE SWING OR ANOTHER PRICE ACTION WILL BE TAKEN?
ENS has been moving within its monthly range since the markup from January of this year. This became a favorable market setup for intraday, swing and position traders. For intraday traders, they were able to secure profits in every daily market open and close that were easy to read. Swing traders were able to confidently wait the completion of every market swings that took place. Position traders were able to continue initiating more buys and doing some partial selloffs as the market is still on its markup phase. Now, many traders are speculating as to the next possible action that ENS may take.
As for us, we're looking at it in this way.
ENS is still on its markup phase and it has already established a good foundation above the recently broken major resistances from the year 2022 to 2023. This means, once greater intensity of buying pressure surfaces. We can safely assume that the price will continue to do another markup.
57.23% INCREASE AFTER A MONTH FOR #BSV! (HERE'S WHAT'S NEXT!)
BSV has been moving in its yearly lows and many have already speculated that it would continue to breakdown. However, BSV has proven to have a different price action. Being able to stay on top of the major resistances it once had from 2022-2023. BSV maintained its long-term creation of a higher low for its long-term prospects. After being over with the distribution, decline and accumulation phase. It's now time for BSV to continue doing its push for a markup. Although, we're looking at it in a way of a man filled with wisdom and patience. Most likely it will not immediately rally instead it will most likely take another support level as its discounted price. Since that's how most of the whales would think. When everyone in the market thinks a markup will immediately surge a token. Another market scenario will pop-up. Such as getting discounts for the token. Take it like this. If you were a whale, would you immediately pump the prices when everyone is already thinking the same thing. Or let the prices be and even drop them in order to take discounted prices after everyone thought of getting a breakout right away? Think like the key players.
Stay wise, trade cautiously.
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