Market Overview: Dusk/Bitcoin (DUSKBTC) – 24-Hour Technical Breakdown
• Dusk/Bitcoin traded in a tight range today, with no directional bias.
• No candlestick patterns formed, and all OHLC values remained flat.
• Volatility appears extremely low, as no price deviation was observed.
• Total volume traded was low at 8,590.0, with turnover concentrated in two spikes.
• RSI and MACD signals are neutral, suggesting consolidation and no immediate momentum.
Dusk/Bitcoin (DUSKBTC) opened at $0.00041 at 12:00 ET − 1 and remained unchanged for the full 24-hour period, recording a high, low, and close of $0.00041. Total volume traded was 8,590.0, while notional turnover remained flat due to no price movement. The pair is showing a complete lack of price action, indicating strong consolidation or potentially low liquidity.
In the 15-minute OHLCV data, all candles from 16:00 ET on October 24 to 16:00 ET on October 25 show the same open, high, low, and close prices of $0.00041. This uniformity suggests a highly suppressed market, with no buyers or sellers exerting meaningful influence. No support or resistance levels can be identified from the data, as there is no price deviation to establish such levels. Candlestick patterns such as dojis or engulfing patterns are absent, reinforcing the notion of market dormancy.
Moving averages on the 15-minute chart—20-period and 50-period—remain flat, aligned with the price. On a daily chart, 50/100/200-period moving averages would also remain unchanged. MACD lines show no movement, as there is no price change to generate divergence. RSI has likely stalled at a neutral level of 50, with no indication of overbought or oversold conditions. Similarly, Bollinger Bands remain static, with price sitting exactly at the center of the bands, indicating no volatility.
Volume appears extremely low for most of the day, with only two 15-minute intervals showing significant volume spikes—281.0 at 16:45 ET on October 24 and 576.0 at 07:00 ET on October 25. The remaining candles record zero volume, suggesting minimal activity or potential data gaps. The large volume at 07:00 ET may represent a rare trading event or a liquidity provider’s action, but without price movement, its impact is negligible. Turnover is effectively zero for the majority of the day, with only those two spikes contributing to the total.
Backtest Hypothesis
The proposed strategy relies on the RSI indicator to identify potential entry points, using a 14-day period and a 30 threshold for oversold conditions. In this case, RSI has remained flat at a neutral level, suggesting the strategy would not trigger any trades in the observed period. If implemented, the strategy would require confirmation of RSI < 30, followed by a five-day holding period. A potential alternative could involve combining RSI with Bollinger Band contractions or a volume trigger to refine entry signals in low-activity markets like DUSKBTC. However, without price movement, the utility of any backtest is limited, and data integrity should be verified for accuracy and completeness.
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