AUDIO/USDT 1D Cup + Handle Formed - Breakout target $6- Cup + Handle formation on the 1D with a breakout target of around $6
- Fibs have been drawn in
- Stoch RSI is in the floor indicating there is lots of room for growth
- Audius just signed a deal with TikTok, one of the fastest growing social media platforms which is bullish
- Integration is not yet complete therefore the potential inflow of volume from users has not yet been seen.
- Only put in what you're ready to lose
- GL if you follow.
AUDIOUSDT trade ideas
AUDIO/USDT { AUDIUS } - BULLISH SETUPANALYSIS 🔎
- AUDIO/USDT brokeout above the inverse head and shoulders neckline resistance.
- The market hit a swing high and retraced.
- Price is retesting the neckline resistance and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There is a relatively high concentration of buyers at the retest zone (High buying pressure).
BUY ENTRY ⬆️
- The key fibonacci retracement zone ( 0.5 - 0.618 - 0.784 ).
TARGETS 🎯
- Horizontal resistance level (@3.086).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
AUDIOUSDTPERP - breakoutBroken out of it's current resistance - would like to see a retest of resistance to confirm support and then Long
AUDIO triangle breakoutAudius seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 4.45 and even higher. Let's dance with 🎵 AUDIO 🎵!
ENTRY : local high @ 2.76
SL : local low @ 2.51
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 4.45
RRR : 7
INVALIDATION : when SL level hit
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AUDIO/USDT { AUDIO } - BULLISH SETUPANALYSIS 🔎
- AUDIO/USDT is bounded in the descending triangle pattern.
- Price is testing the descending triangle's inclined resistance as well.
- There's a breakout potential above the descending triangle's inclined resistance.
- This breakout can be seen as a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending triangle's inclined resistance.
TARGETS 🎯
- Horizontal resistance level (@3.146).
- Horizontal resistance level (@4.070).
SETUP INVALIDATION ❌
- Breakdown below the descending triangle's horizontal support level.
AUDIO descending channelLooks like AUDIO found a local bottom at 2.318, tested it twice and it bounced up from it. there is more room left in this big descending triangle formed some 10 days ago. The descending channel inside of it will be out of space in 2 days, so AUDIO will either break up or lose that support. MACD looks like it's time for some upside movement. If entering long, watch for confirmation like a break from this descending trendline RSI has formed and increased volume. Set alarms because this could take some time. Good luck traders.
AUDIO USDTAUDIO USDT seems like make a big cup and handle pattern on the daily time frame, and now it is in the support area around 2.27. As long as AUDIO can maintain this area, then the nearest target is 4 and if it breakout from 4 ( cup and handle neckline area) then the cup and handle targer price is around 7.5 - 7.7
AUDIOUSDT - Long - Potential 60.14%AUDIOUSDT - Long - Potential 60.14%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Zone:
2.247 - 2.517
Take-Profit Targets:
1) 2.665
2) 3.127
3) 4.034
Stop Targets:
1) 2.025
Entry Triggers- Sitting on support and heavily oversold across multiple timeframes. TikTok integration has continued upside.
AUDIO, descending channelAudio in descending channel, more chance to break up than down. Could we see another retest of the lower level, sure it's possible. BTC another drop-down most certainly would help that. If this could be the case we can take nice SHORT trade, support line of this channel or previous low level should be our first short target. The volume of this move up is falling, so this trend getting weaker. Audio is a nice mover so it's worth setting alarms for this...
AUDIOUSDT potential 70%+ #audio
Audi is one of those coins that recovered very nicely after that mega crashed. After test the previous trade of course taking some profit. If you don’t hold any audio yet pretty good project.
Remember what AXS/USD did? most good altcoins will print the same setup.
Patient! these big players take ur money bye making you impatient
Until this small alt season runs out. I would expect audio to bounce off 0.382 fibs. ( $2.17 - $2.26 ) crack new all-time high.
Important for this setup to hold⚠️
- Daily RSI need to stay above 50%
- price needs to stay above Ema ribbon
In case of break down set reload at support 2.
My previous Update on audio with VIP
AUDIOUSDT - UPDATEAUDIO has provided us with a nice correction on the daily timeframe to the 0.5 Fib, on the 4hr timeframe we can see price is now consolidating in this bullish pennant formation and i do expect to see the continuation to the upside. From a entry perspective we have two options we can either enter on the break and retest above the descending trendline, or if the price breaks below the support and removes all the liquidity of the buyers who have entered early and have there stops below the pattern, then we can look for a entry confirmation once the stops are removed.