- AUDIOUSDT hit an ATH and retraced for a retest of the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement was resisted by the descending trendline resistance (DTR-1).
- Price brokeout above the descending trendline resistance (DTR-1), this is a bullish signal.
All tokens, depend on BTC .d and BTC . If BTC dump, market follows. We are in alt season so BTC .D doesnt have as strong impact but must keep on watch for all trades, any setups or TA can easily be dismissed when BTC dumps or when BTC .D increases.
BullFlag on Audius (and many alts have similar look on chart), completed full retracement.
The market may have sold off a bit, and technically this was due, but nothing has changed fundamentally about Audius/$AUDIO since my last chart.
Still projecting $AUDIO to bounce hard of it's recent low around $1.41 (a clear oversold level) to break the previous ATH of $5 and on to the fib line in the $12 - $13 range by mid June!
$AUDIO staking yields are still...
I mostly trade/post about AUDIO/USDT, but keep an eye on AUDIO/BTC as well - There's a possible Inverse H&S pattern forming at previous support, as well as a possible rising channel that could provide some easy scalp trades if that continues to be respected. If it breaks out from the channel, the red lines are targets.
Remember - the coins you really wanna buy...
After 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...
Hi 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
Crypto analysis on AUDIO/USDT shared inside our portal and crypto channel. This coin has VERY strong fundamentals and we are huge believers in this project. They have the potential to steal a lot of market share away from the likes of Spotify and Apple Music.
In our opinion, AUDIO still has 100x potential from current prices, and might be something to consider...
After seeing incredible gains during March, AUDIO has cooled off a little. Currently, AUDIO is residing near the bottom of the trend line, potentially bouncing off from it.
Seemingly, AUDIO is at the start of a new bullish period. Higher highs and lower lows have been formed in the last two weeks. I'm confident we will see more price action soon.
After a HUGE rally that lasted untill the end of March, AUDIO is catching his breath and preparing for the next move.
Looking at the 4H timeframe, AUDIO corrected untill its 60% retracement and has developed a descending-wedge formation. We are currently waiting the conclusive price-action and volume that will validate a breakout above the boundary...
Trading isn't predicting. I know I'm setting myself up for failure here, but as the title indicates THIS IS JUST FOR FUN - NOT FINANCIAL ADVICE!!!
Contrary to popular belief, I cannot predict the future.
But I think there's a strong possibility AUDIO (and a number of other alts) are currently in a re-accumulation phase, building towards another run up...
Guys, it's pumpseason and I would say that the Audius 🎵 is going to have another pump⛽ soon! AUDIO seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 3.28 and even higher.
ENTRY : local high @ 2.462
SL : local low @ 2.33
TARGET : height of the triangle projected from midpoint of the local range (BUY...