AUDIO PARABOLIC MOVEAUDIO is currently consolidating under the 0.618 since early September, it is ready for its next parabolic move when the ALTS start running.
Based on the ELLIOT WAVE THEORY , I can see the next PARABOLIC move with a blow off top reaching between 1.618-2.272 @ $18-70
The 5th wave will be so Euphoric with a Exponential growth curve.
POTENTIAL 10X+
NFA, EDUCATIONAL PURPOSES ONLY.
AUDIOUSDT trade ideas
AUDIO/USDT-4HD-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
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AUDIOUSDTHello to all dear traders, I hope you always hunt for big profits.
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This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving forward with probabilities and the analysis may be wrong so take capital management seriously.
WEEKLY MARKET ANALYSIS : AUDIO TOKENAudio is currently trading at $2.001 which is a support region that the price has been trading past 10 Days and yet to break it.
A Symmetric Triangle is formed on the Daily Chart which shows that the price can either move upward or downward.
However, if price closes below 2.001 today breaking the support level we might need to take a bearish position because we might see a continuous fall in price and this can fall to $1.487 which is the next support level.
In the event of Price rallying up from the current price level at $2.001. We might need to see price close at $2.251 above the last 3 candlesticks on the Daily Chart before we take a Bullish Position.
If price rallies and close above the $2.2 we might see a bullish momentum that can take the price to the next resistance level.
In the game of trading patients is essential. Waiting to see your plans and strategy play out before taking trades are key to consistent profit taking in the market.
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AUDIO is LOUD AND CLEAR(on the chart)!!!A beautiful support at $2 and price sustaining above it!
Also we can see 100MA acting as a dynamic support for us!
A hammer with a spike in volume seen at the support and price showing a bounce back from there!
A breakout of the DESCENDING CHANNEL will be seen for sure!
But, we can clearly see a resistance at $3 on the upside!
If somehow we're able to sustain above $3, we can go for a open target!
Long in it!!!!!
AUDIOUSDT Technical Analysis⏳ Spot
💎 AUDIOUSDT has formed a falling wedge. It has broken above the resistance and has done a retest. It is expected that the price continues to go higher to previous resistance.
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🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 1.940
☕️ TP1 2.050
🍺 TP2 2.240
🍻 TP3 2.510
🍾 TP4 _____
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 1.810
Good Luck 🎲
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long $AUDIO/USDT Trade ID: #OC08
Pair: $AUDIO/USDT
Direction: LONG
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Spot & Futures (x3)
The AUDIO is in a good dip
Trade Type: SWING
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ENTRY: Below 1.8570
Target 1 - 2.0000
Target 2 - 2.1350
Target 3 - 2.2750
Target 4 - 2.4020
Target 5 - 2.5070
Target 6 - 2.6280
🚫STOP LOSS: 1.6540
RISK: Medium/High