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.
Happy trading!
Based 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...
AUDIO 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...
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...
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 $AUDIO.
The buying force appeared and it formed the Higher Lows pattern, now we will wait for it to conquer the 2.5$ 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$....
AUDIO 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.
Hi everyone,
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...
AUDIO / USDT Long Idea
An interesting project, they are planning the integration of NFTs, which are at the peak of their popularity.
There was good growth, we rolled back well, thereby forming a support level and I think we will still be able to take off.
I am considering a long position.
Buy at 2.091 - 2.6.
Objectives:
TP 1 3.44044;
TP 2 4.96335;
TP 3 -...
AUDIO is one of the big winners of the current bull-run, seeing more than 2500% profit in a mere two months.
After hitting the $5 mark, however, AUDIO has seen some steep losses, losing almost 60% value in that process. Luckily for us, the price bounced off strongly from the bottom support line, potentially starting a new push upward. Seeing the current big...
Ideas are clearly stated on chart. After that 1300% pump, I think it's safe to expect a bit more downside short term. Still long term bullish.
happy trades,
CD
Looks like yesterdays breakout was official. A clear uptrend is now visible. Volume indicator, MA and Divergence indicator supporting this breakout. But for how long? I'm hoping for a new ATH of course.
What do you guys/girls think?
![AUDIOUSDT: Audius [AUDIO] Formation & potential outcome](https://s3.tradingview.com/b/b9K27BSu_mid.png "Audius [AUDIO] Formation & potential outcome")
