Audius (AUDIO)
Audius is a decentralized music streaming platform that shows a promising future. Anyway, it is clear that AUDIO broke the downtrend line after a big harmonic pattern ended. Currently, AUDIO has started an upward wave by breaking the minor downtrend line. Let's see how up it can go.
Note
The first target would be the horizontal resistance area. Let's see what happens.
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So, AUDIO went up but couldn't break the major horizontal resistance area. Thus went down and made another visit to the support area at the bottom. Then, AUDIO's next upward wave started when it broke the curved downtrend line. And now AUDIO is going toward the major horizontal resistance area again. Let's see what happens.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.