AUDIOPERP trade ideas
AUDIO/USD AUDIUS SUPPORT AND RESISTANCE Hello traders, this is my idea on AUDIO/USD support and resistance levels on the daily time frame.
We have the support area and as long as this holds , the price will try to turn the resistance area into support once again.
The reverse hummer at support usually is a good thing.
The RSI indicator also has a support area at around 42
Rank #109
Volume 24h: $25,033,535
AUDIO to $6.5 | #AUDIOUSD #BreakoutHello Padawans,
If you zoom out the whole picture, you will see.
The total supply is around 1Billion.
When we come to talk about fundamentals, I heard Audio has partnered with #Tiktok recently.
to happen this, BITCOIN should stay above 55k level.
after breaking this resistance, I think Audio will lift up to at least $5 level.
Let's see what's gonna happen.
cheers!
May the force be with you.
#NFA
$AUDIO lookin bullish lately$AUDIO is the native coin for the Audius platform, a rising music streaming service similar to SoundCloud where users can upload their own tracks and curate playlists, sharing their love of music with the world.
The platform is built on blockchain technology, giving its users the power to grow the community and make it better along the way. Recently it was announced that the service is migrating to the Solana network to handle it's growth. This is breaking new ground and major artists have begun flocking to Audius, making this a solid project imo.
Price has been bouncing between $2.50 and $3 the last few weeks, but more recently it seems to wanna push harder to $3.
If it can get to $2.90 and break past that resistance level we may see $3. If it holds at $3 could see it go even higher given all the major news recently.
We shall see
AUDIO - Hot cup of tea and a bull flag? Love AUDIUS - The future of music content on web 3.0 and the blockchain.
Surely there's a lot more legs in it to go and if market sentiment keeps positive this may go.
I am watching closely and will set stop losses accordingly just below the trend line incase it fails to break out
Not financial advice... Just an idea from an amature crypto hobbiest!
Lets see how it plays out :)
AUDIOUSD Technical Analysis
Welcome back Traders, Investors, and Community!
AUDIOUSD on H1 has broken above the resistance and also the triangle. It is expected to go higher.
⬆️Buy now or Buy at 2.81834426
⭕️SL @ 2.55720239
✅TP1 @ 3.21761628
✅TP2 @ 3.42949998
✅TP3 @ 3.64888021
✅TP4 @ 3.80558038
✅TP5 @ 3.95183387
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AUDIUS Long - Target $20 Bull Run 2021SUMMARY: Long, AUDIS is on the final 5th wave impulse with the next technical target $5.
The use case for Audius is so strong we could see a $40 Audius token.
-- Technical --
We are forming HHs and HLs and back above the EMAs and MAs.
In a weeks or so , we will get a Golden Cross 50/200 MAs - Bullish signal.
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*Not financial advice and is for educational purposes only. Always DYOR.