Audio
Audius [AUDIO] Formation & potential outcomeHi everyone,
After a HUGE rally that lasted untill the end of March, AUDIO is catching his breath and preparing for the next move.
Looking at the 4H timeframe, AUDIO corrected untill its 60% retracement and has developed a descending-wedge formation. We are currently waiting the conclusive price-action and volume that will validate a breakout above the boundary of this structure.
When looking at the larger picture, a potential ascending trinagle is forming (still to be confirmed). After breaking out this triangle formation other important key levels can be tested.
Fundamentals:
> Announcement of Audius Collectibles
> Rising artist parterships
> Solid team & hiring
In case we fall below the lower grey trendline that acts as support, above set-up will be invald
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This is not financial advice
AUDIO / USDT Long IdeaAUDIO / USDT Long Idea
An interesting project, they are planning the integration of NFTs, which are at the peak of their popularity.
There was good growth, we rolled back well, thereby forming a support level and I think we will still be able to take off.
I am considering a long position.
Buy at 2.091 - 2.6.
Objectives:
TP 1 3.44044;
TP 2 4.96335;
TP 3 - 6.1;
SL - 1.7.
Great profits to everyone! Remember the risks.
🔥 AUDIO Strong Price Action After Bounce From SupportAUDIO is one of the big winners of the current bull-run, seeing more than 2500% profit in a mere two months.
After hitting the $5 mark, however, AUDIO has seen some steep losses, losing almost 60% value in that process. Luckily for us, the price bounced off strongly from the bottom support line, potentially starting a new push upward. Seeing the current big bullish H4 candle, I'd say we've formed a higher low and are on our way to a higher high, classic bullish movement.
Happy trading!
AUDIO has broken downwards trend channel - Looking good?Audio has just broken what seems to be a downwards trend which has continued over the past few days. This may lead to an upward trend over the next few days. Although it may still be too early to tell. Then again, I'm new to this and it's just my basic analysis.
Any thoughts?
$AUDIO: 2.4567 is comingNOT a financial advice.
Holy trinity long setup:
D1 Kijun ($2.6)
-50% haircut from the top ($2.5)
Previous high ($2.05)
Ideally the lowest of those 3 would be preferable, but let's take whatever the market gives us.
BINANCE:AUDIOUSDT
HITBTC:AUDIOUSDT
FTX:AUDIOUSDT
FTX:AUDIOUSD
🔥 AUDIO Potential Bullish ReversalAUDIO has been trading in a strong bullish channel for a month now. Over the course of this month, AUDIO made over 1200% returns, making it one of the strongest crypto assets of the month.
Currently, the price is making its way towards the lower support of the channel, potentially rebounding from it soon. With BTC showing no signs of stopping any time soon, the outlook for the crypto market as a whole are fairly bullish. AUDIO is just lagging behind because it gained a lot in a short time span. Nevertheless, the interest in AUDIO is most definitely still there.
Happy trading!
Audius $AUDIO headed to $12+ Then trading rangeI've been invested in $AUDIO since it was trading for 25 cents and still holding every coin while staking for 35-40% annual yield! It doesn't get any better than this and yet, there's STILL much more room to run with this coin!
Aside from a great technical setup, things still to look forward to over the next several months for $AUDIO are the following:
These are fundamental developments of The Audius Project (www.audius.co) that I'm expecting we'll see over the remainder of 2021...
- Major musicians and artists joining every day and tweeting about it or mentioning it on the radio, tv, shows, events, etc.
- Major promos/partnerships with Top 20 global music producers/artists like Justin Bieber, Lady Gaga, Lana Del Rey, The Weekend, Cardi B, BTS, Drake, Billie Ellish, etc. etc. - branching out beyond major EDM artists and producers.
- User numbers and user growth rate increasing every week/month
- Coinbase/Gemini listing of AUDIO along with other top tier CEX listings like Kraken, Huobi, Kraken, etc.
- Grayscale announcing they're considering an AUDIO trust.
- Series B round of funding $30M - $50M likely coming in 2021
- VIP account tier perks rollout along with token economics and monetization
- How fans and artists benefit from the platform... WITHOUT the need for ads!
- How Audius earns revenue as a business
- Songs/Albums released as NFTs, music related NFT drops, music event ticketing and other perks related to NFTs
- Integration with blockchain games and metaverses
- Integration with virtual events, concerts, festivals
If even a few of these things come to fruition, I would expect $AUDIO to have a fully diluted market cap of $25 billion - roughly half the size of the stock market cap of Spotify (it's closest competitor)
This is not financial advice, I'm not a financial advisor, do your own research (DYOR).
Enjoy the ride!
AUDIO UP 1425% SINCE MY LONG CALL 3 MONTHS AGO!WOW. Remember that time back in January? When I told you to long AUDIO? When it was at 20cents???
I knew Audius was an exciting project that traders would want to get in on... but I did not expect it pop off this quickly! Up 1425% percent since that post, completely ignoring the market's recent short term downtrend.
So how do you trade this?
Honestly, I don't even know. It's not in my strategy to buy pumping small caps at ATH, especially when I'm already long...
A sensible trader would tell you to take some profits... but a sensible trader would also have told you that a month ago lol.
I'm a pro of selling too early, and I'm sure glad I resisted that instinct this time around. Even if I do take some profits, I plan to hold at least 50% of my bag long term.
AUDIO might keep up this momentum for a while, but I think we all know that roller coasters must drop eventually... just don't ask me when that will be lol
happy trades and Viva L'AUDIO!!!
CD
AUDIUS 240 MIN TFIn AUDIUS we see how the price is breaking the main resistance zone and we have a first clear target at 2.70 $.
- SCENARIO 1: Wait for the 4 hours candle to close at 17 H (Spain time), if it is a candle with body and a clear close we enter placing our stop at 1.60 $.
-SCENARIO 2: Wait for the break of the current resistance and wait again for the price to support the resistance, STL: 1.60 $.
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En AUDIUS vemos como el precio esta rompiendo la zona de resistencia principal y tenemos un primer objetivo claro en los 2,70 $
- ESCENARIO 1: Esperar a las 17 H (horario España) a que cierre la vela de 4 horas, si es una vela con cuerpo y cierre claro entramos situando nuestro stop en 1,60 $.
-ESCENARIO 2: Esperar la ruptura de la resistencia actual y esperar nuevamente a que el precio se apoye en dicha resistencia, STL: 1,60 $