AUDIOUSDT trade ideas
AUDIO to erupt soonBased on the current Trend, and the step fall it has had for the past few weeks, we could see a few days, if not till the end of the month it could consolidate, seeing as now the major alts are pumping.
This said, Audio has been breaking resistance points for the past few days, and there was a major buy signal on the 12th of April which could also indicate that another run up is coming, but on the other hand it has met a hard resistance at the 3.18 price point, so we could be hitting that celling for a few days before actually breaking it, but this is just my technical analysis.
This year so far it had an incredible run, it makes sense for it to catch it's breath and have a down trend.
Although this coin has still a long way to go, and has incredible potential seeing as there aren't any other music streaming blockchains out there, and they have an amazing team and advisors backing them up.
I see this coin goin a long way and it could end up being a contender of Spotify in the very near future.
NOT FINANCIAL ADVICE! DO your own Research.
🌧️ AUDIO Possible BreakoutAUDIO has been in a descending wedge for a while now. Compared to the other run ups, AUDIO didn't go up as much, and has since retraced back down to lower levels. AUDIO has around 4 million active users now and growing, and could become a decentralized Spotify in the future. Expect a bullish run soon once volume starts to pick up. Higher risk taking individuals can consider buying in at these lows before the pump. Otherwise, wait for the break of the resistance line on the wedge.
AUDIO UPDATE: NFT NEWS PUMP!After a massive 3000% run up over the past few months, AUDIO entered a steady retrace as most altcoin PA stagnated due to BTC volatility.
However, 4 days ago the Audius team announced planned NFT integration, covered by coindesk here:
www.coindesk.com
Anything NFT related is getting a lot of attention / bullish investment, so this news drop was a well-timed attempt to stop the bleeding.
Unfortunately I think this news largely went under the radar as BTC stole everyone's focus the last few days.
Perhaps now people are hearing about it because sure enough, despite bearish short term technicals, today the price pumped, breaking out with volume.
The question is - is this news enough to reverse the short term downtrend? Or is this a case of "buy the rumor, sell the news?"
Short term technicals have shifted bullish on this pump. Stoch & MACD are oversold & angling upward on 12HR and 1D TFs, and the volume does add validity to the breakout. These indicators still look pretty bearish on 3D and Weekly though. So I'm kinda on the fence.
It would be more compelling to see a third bounce around the 200MA / recent support. I would consider that an aggressive entry point at this time, but who knows. If enough people fomo into this pump, we could see another run up sooner than expected.
happy trades,
CD
$AUDIO will continue to go up, and then some! Fantastico!This is a great run for $AUDIO and I think it will continue to climb. There might be some occasional dumps (expirations, etc.) coming up but that is nothing to be worried about IMO. #DYOR
Disclosure: Author of this idea holds $AUDIO.
AUDIO C&HAudio could be running for C&H formation and then a massive break out. It can make it rain in mid-term
🆓Audius/USDT Analysis (12/4) #AUDIO $AUDIOThe buying force appeared and it formed the Higher Lows pattern, now we will wait for it to conquer the 2.5$ and then will move up to 3$ and 3.5$ zone.
The 3.5$ zone is very strong and important in this period, if it conquers this zone successful, it will keep moving up to 5$ or even higher in this April
📈BUY
-Buy: 2.45-2.55$ if A. SL B
📉SELL
-Sell: 2.95-3.05$. SL A
-Sell: 3.45-3.55$. SL A
-Sell: 4.8-5.0$. SL A
♻️BACK-UP
-Sell: 2.45-2.55$ if B. SL A
-Buy: 1.95-2.05$ if A. SL B
-Buy: 1.45-1.55$ if A. SL B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
AUDIO - Ready to fly Hello,
Todays Idea for AUDIO
Audio had a perfect retracement to its strong support on 7 of April. After accumulation phase its now ready again to fly!
Entry Level: 2.18 - 2.50 (but tbh entry after this are still good)
Target 1: 3.21 $
Target 2: 3.88 $
Target 3: 4.3 $
Target 4: 4.97 $
STOP LOSS: 2.10 $
If the ATH is broken, I would put in an update, as much higher gains can be expected
If you like this Idea - Press the Like button :).
Thank you
Br Dom
AUDIO/USDT rebound in sidewayAfter the price decrease for 2 weeks, today we have one interesting green candle.
MACD still on the bullish
Rsi around 50 ... we have more chance to look above to resistance at 3.19 and 3.98 (frm Fibo retracement)
I think we will journey in sideway for a while.
LONG AUDIO TO 3.4Looking at the 1h massive pullback that set the short term bounce after the descending trend breakout... A very good time to Long Audio around 2.3 to 2.5 towards 3.4
AUDIOUSDT - big profit $$$AUDIOUSDT
My private idea.
I can see a big profit.
Perfect entry 1,95 $
Y.
AUDIO in buy zoneAUDIO found resistance and cumulative delta is positive on daily chart. It will take some time, but price can grow up to $4-4.50. So it's good enough for long.
#audioit will be a long position but due to ichimoko Span A & B i think it took a little time and then countinue to target
