ITSCRYPTO1

AUDIOUSDT - UPDATE

Long
BINANCE:AUDIOUSDT   AUDIO / TetherUS
AUDIO 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.
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