AUDIOUSDT trade ideas
AUDIO BREAKOUT! RESTESTING RESISTANCE! AUDIO broke out from a bull pennant / above multiple SMAs and is now retesting the bottom of the resistance zone around $3. I expect a retest of support before it can break into/above that zone, but you never know. This is looking like a reversal from the short term downtrend AUDIO has been in, but it will have to keep putting in higher lows.
targets are marked by red lines and possible reentry levels by green dashed lines. Keep an eye on AUDIO!
A similar setup was recently posted in the Crypto Revolution trading group, and now that we've had a confirmed breakout, I would expect to see some more volume / volatility in the coming days/weeks.
happy trades,
CD
AUDIO kills the radio starsHi to all my 🎵AUDIO🎧 fellas. This is my take:
Audius is breaking up this triangle , so I think there is chance for run to 2.77 and even higher.🔊 Buying now.
ENTRY : local high @ 2.42 and lower
SL : local low @ 2.31
TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 2.77
RRR : 3.5+
INVALIDATION : when SL level hit
Like👍 & Enjoy🍿!
🔥 AUDIO Bull Flag Break OutAfter seeing incredible gains during March, AUDIO has seen a very strong correction in April, where it lost more than 70% of its total value at one point.
Since two days, bullish investors have regained control of the market and started buying up crypto assets. This caused the immense gain of AUDIO over the last three days. Furthermore, this bullish push pierced right through the bearish channel's resistance, causing a bull flag break out pattern.
Happy trading!