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AUDIOUSDT trade ideas

Rounded Bottom idea for $AUDIOUSDTThis is a daily chart for Audius $AUDIO. I've traded $AUDIO plenty of times these months, always been very profitable but in this occasion made a mistake getting greedy on the April 12th breakout candle. I had scalped it twice and took profit every time it retraced and reentered after. I should´ve seen the decreasing volume on the histogram (white segmented line) coming and was left hodling the bag. But the resulting price action moving towards the upper trendline of the flag turned out forming a RB pattern. I expect this to range maybe for 2-3 days before actually resuming it's climb and start a parabolic move to close the cup. I'm still in play... More ranging expected at every highlighted FIB level. $AUDIO should break $5USD with the completion of this move.
Long
by AponSOKS1978
3
$AUDIO: Up or Down - What's next?$Audio is facing an uncertain week, especially on April 23rd. They are scheduled to increase their token supply by 100% to about 300M. This may lead to huge volatility. I am expecting two scenarios. First scenario, the price could drop by 50%. Most expect this, based on the formular p = mc/cs. Second scenario is for the price to rise, considerably. This would be due to a number of traders who have been waiting to see what will happen on the 23rd. Generally, a lot of people support the Audius project, but have been worried about the impact of the increased token supply. If Audio can pass this huddle safely, then moon landing is possible. (NOT A FINANCIAL ADVICE)
Long
by DrLin
6
audio/usdt AUDIUS Grounds: 1.Audio has an efficient app already work and at the beginning of April had 3 million users 2. Audio is on the Grayscale product list 3. It bounces off the trendline a second time and is still in an uptrend 4. As the first and only music application that starts with the NFT, which has a huge hype. 5. You can see a huge power of buyers last month. 6. Bitcoin broke the limits of 60,000 which probably heralds another ath for alcoins. 7. Price 2.5 $ at 3 million + users, for example soundcloud 250 million, apple music 50 million 8. No Ads 9. Support from deadmause5 and others 10. Strong lineup of creators. In my opinion, audius is undervalued and has a huge potential for gains of $ 8-10 and then $ 20+ easy
by mestinsin
6
AUDIOUSDT sounds pretty good.Audio already had enough correction and I consider that soon a bullish should start looking for an entry in some support. Correction Finish! Exchange AUDIOUSDT 1d Binance Price: 2.56| 2.50| 2.61 Vol: 4,504,194|9,690,650|16,251,953 ATR: 0.4327 ✅OBV: 440.5 M| 436.0 M| 445.7 M ⚪️RSI: 53.31| 52.08| 54.70 ⚪️MFI: 43.32| 38.32| 37.02 ⚪️CCI: -32.78| -42.83| -25.35 ❌WR%: -62.16| -67.66| -56.91 ✅ADX: 46.76| 47.89| 49.12 ❌MOM: Bearish Momentum ❌SMA: Price Below SMA Bearish ✅ADI: +DI >DI BULLISH ❌MACD: Bearish ✅PSAR: Bullish Support And Resistance S: $2.264 S: $2.352 S: $2.466 R: $2.627 R: $2.756 R: $3.049 R: $3.185 R: $3.326 R: $3.675 R: $4.030 Volatility is moderately high EXPERIMENTAL 🧪 🐂RSI: Bullish divergence ⚪️MFI:No divergence ⚪️FVE: No divergence 🐂Volume: Bullish Volume Trend
Long
by UnknownUnicorn18500526
2