AUDIOUSDT
AUDIUS Great Web 3.0 project for Market Markers make money LOLHow market makers see retailers. I see this in ADA, DENT, HOT as well.
When price comes out of the Accumulation zone.
Day1: it gains 20% then retrace a bit. Retailers think "oh nothing, I know it will come down again.
Day 3: it pumps another 20%, retailers think oh this pump is legit. I will wait to retrace.
Day 4: It pumps 45%, retailers think oh now, I should have buy in.
Day 5: another 40%, retailers think OMG I totally miss the gains. I must go in now,
this project is legit, many news, influencers talk about it.
Day 6: It pumps 20%, retailers think they are genius.
Day 7: It down 15%, retailers think they should DCA to a great project.
Day 8: It came back a bit, consolidation.
Day 8-30: Diamond hands, retailers regret about not selling top and for not buying at the bottom. So they diamond hands 'cause it works right?
Day 31: Capitulation. Down 60%. Retailers sell.
Rinse Repeat.
Audio starting a new trend?Audio has come into a weekly demand zone and the 1D extreme demand zone of the previous leg and started a nice move to the upside with a nice strong bullish candle after breaking out of a downward channel. 3D RSI looks reset above the MA after being oversold. MACD on weekly also converging showing signs of strength to the upside with bullish divergences. In the range low between the high and low of the correction wave on weekly, seems like sensible place to buy
Audio/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice
Link to previous chart:
If you press play on the previous chart you'll see that we were still correcting; similar to the link chart we had a false breakout with the B wave. On this chart you'll see that we had a double three corrective wave. The bottom has been found or is near, we should be resuming the impulse wave for wave (3) soon.
SAK Assets DAY1AUDIOUSDT 🐳 15min
The project is a Reverse Engineering of the indicators that most of ETF systems use, including the world's largest investment fund "BlackRock" which controls 8 Trillions dollars.
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Trading strategy for AUDIOUSDT .Trading strategy for AUDIOUSDT .
This strategy utilizes fear and greed index at alternative.me
Why Measure Fear and Greed?
The crypto market behavior is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two simple assumptions:
Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
When Investors are getting too greedy, that means the market is due for a correction.
Therefore, we analyze the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means "Extreme Fear", while 100 means "Extreme Greed". See below for further information on our data sources.
UNDERSTANDING THE METRICS AT TRADING VIEW
Maximum Drawdown
The maximum drawdown metric refers to the "worst-case scenario" for a trading period. It measures the greatest distance, or loss, from a previous equity peak.5
What is a Good Profit Factor?
Any ratio greater than one means we can earn more than we lose. So, technically:
A factor higher than 1 denotes a winning system.
A factor lower than 1 denotes a losing system.
Percent Profitable
The percent profitable metric is also known as the probability of winning. This metric is calculated by dividing the number of winning trades by the total number of trades for a specified period.
See profit report below.
🔻 AUDIO SHORT 🔻Hello traders and investors.
AUDIO lost its old trend line and did the pullback as well. I expect a sharp fall in the daily timeframe which can begin just by a little move of BTC and then after that, I think possibly we see a hangman candlestick in the weekly timeframe.
anyway in my opinion it has a good R/R ratio and huge potential (40%). short it if it's available in the exchange you trade.
🚨 Disclaimer: this is not a piece of financial advice always do your own research.🚨
AudioPossible route for Audio. Volume is increasing. Ichimoku cloud: needs to conquer the cloud on 4hr timeframe first. After that Elliot Wave and Fibbonacchi retracement tool showing us the path. Based on a normal extension of the Elliot Wave. Its possible that wave2-3 is going to be extended. DYOR.
Audio Midterm Analysis📊 AUDIOUSDT (AUDIOS )
💹 Time Frame: Daily (Update)
➖➖➖➖➖➖➖➖
🟢Audio is trying to hold above long-term support and bounced from 0.382 Fibonacci level. IF Audio can breakout the downward Trend and confirmed pullback above it, it is possible that head toward
the S/R level at 1.35$ _ 1.55$ and then next resistance at 1.7$ _ 2.30$ Area.
🟢 If the price breaks down ascending support so we might see more drops to the static support zone .
🟢 This Analysis will be updated.
🟢Amir Hossein
📅 02.13.2022
⚠️ (DYOR)
AUDIO - In weekly demand zone1W/1D Charts
Another Alt sat in weekly demand zone and tapping refined supply to demand flip zone, nice reaction so far with weekly MACD showing some sign of strength and bullish divergence on daily.
Wouldn’t look to buy here yet as there’s no real sign of reversal. A good level to DCA at though in the low of the weekly swing structure in a HTF demand zone.
Fundamentals are nice on this coin and have been discussed prior in this channel.