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Dusk/Bitcoin (DUSKBTC) opened at 5.5e-07 on 2025-11-12 at 12:00 ET, reaching a high of 5.5e-07 before falling to a low of 5.3e-07. The 24-hour session closed at 5.4e-07 at 12:00 ET, with total volume of approximately 308,511.0 units and a notional turnover of 156.76 BTC. Price action remains range-bound, with no decisive move toward breakout or breakdown.
Structure and formations suggest DUSKBTC is testing key support at 5.3e-07 and resistance at 5.5e-07, with several attempts to break above 5.5e-07 failing. A bearish engulfing pattern formed around 19:30 ET, indicating potential short-term bearish
. The lack of volume in most candles suggests traders are waiting for a stronger catalyst to move the pair. A doji at 04:45 ET and 04:00 ET also indicates indecision.Momentum indicators suggest a neutral to bearish tone. RSI hovered around the 50 mark all day, with no clear overbought or oversold signals. MACD lines showed no distinct divergence, remaining flat and confirming the lack of directional bias. On the 15-minute chart, DUSKBTC appears to be in a 20-period moving average cross range, with the 50-period MA acting as a temporary resistance.
Bollinger Bands reflect low volatility with price oscillating near the middle band. The recent consolidation between the 5.3e-07 and 5.5e-07 levels suggests the market is testing the upper and lower boundaries of the band without a clear breakout. Fibonacci retracement levels indicate the 38.2% level at 5.4e-07 may act as a pivot for near-term movement. No meaningful divergence exists between price and volume or turnover, which remains subdued across most candles.

Backtest Hypothesis
The proposed backtesting strategy involves identifying Bullish Engulfing candlestick patterns in DUSKBTC’s 15-minute OHLC data, entering a long position on close, and exiting after a 3-day holding period. The strategy assumes no stop-loss or take-profit rules, relying solely on the time-based exit. Given the recent lack of strong candlestick signals such as Bullish Engulfing in the provided dataset, a backtest would likely show minimal winning trades over the 2022–2025 period. However, integrating this strategy into a broader regime that includes Fibonacci retracements and volume confirmation may improve performance. A visual backtest would clearly show the frequency and profitability of these setups.
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