Hi Everyone, About Me: I dont consider myself trader or financial adviser, I am newbie in this industry and trying to learn about Financial Markets and trading. My sole purpose of sharing this idea is to get feedback and constructive criticism. I am self studying and in extreme need of a community who help me to learn faster and correct me when i am wrong. I will appreciate if you give me some kind of feedback and suggestion to improve my idea/thought process. Thanks.
Thought Process:
First thing that i look is projects fundamental, tags, market cap, little twitter and google search.
Second i look for current market structure of the chart. To me, DuskUSDT for now looking like in a long accumulation phase. I try to apply the Wyckoff Accumulation Rules and i think they are very reasonably placed on the chart.
Third, i will go for leading and momentum indicators. for this, i find OBV is increasing over all this accumulation time, RSI is also above 50. Volume is spiking up on Green Candles, and less volume on Red Candles.
Forth, I found this project interesting both fundamental and technical point of view.
Fifth, I am not trading any instrument yet, rather i just hold some for longterm or maybe till major pump.
Sixth, So far i use my TA to find the undervalued or overvalued projects so that i buy on reasonable price.
Last, you can find some project detail in below. Thank you for your time.
Project Key Features:
Dusk Network: the Privacy Blockchain for Financial Applications. FAST & CONFIDENTIAL TRANSACTIONS Strict on-chain data privacy via Zero-Knowledge proofs.
Dusk Network is technology for securities. An open source and secure blockchain (DLT) infrastructure that businesses use to tokenize financial instruments and automate costly processes. There are already almost dozen of use cases elaborated on their website.
Above content is copied from the original website
Market Cap> $159,278,447 Max Supply: 1,000,000,000 Total Supply: 500,000,000 Circulating Supply, 38% > 383,163,706.88 DUSK
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.