Audio Midterm Analysis📊 AUDIOUSDT (AUDIOS )
💹 Time Frame: Daily (Update)
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🟢Audio is trying to hold above long-term support and bounced from 0.382 Fibonacci level. IF Audio can breakout the downward Trend and confirmed pullback above it, it is possible that head toward
the S/R level at 1.35$ _ 1.55$ and then next resistance at 1.7$ _ 2.30$ Area.
🟢 If the price breaks down ascending support so we might see more drops to the static support zone .
🟢 This Analysis will be updated.
🟢Amir Hossein
📅 02.13.2022
⚠️ (DYOR)
AUDIOUSDT
AUDIO - In weekly demand zone1W/1D Charts
Another Alt sat in weekly demand zone and tapping refined supply to demand flip zone, nice reaction so far with weekly MACD showing some sign of strength and bullish divergence on daily.
Wouldn’t look to buy here yet as there’s no real sign of reversal. A good level to DCA at though in the low of the weekly swing structure in a HTF demand zone.
Fundamentals are nice on this coin and have been discussed prior in this channel.
$AUDIO : Will it be Audible ?$Audio :
Audio Will be audible soon.
IMO :
(Yellow zone plays a Key here).
1. Break the 0.0Lvl, further to move up towards blue dotted lines( over the week's time). = Bullish
2. Break the 0.5Lvl after confirming an Uptrend ( Trendline support ), trying to reach 1.0lvl.
3. Oscillate in the Yellow zone for a while ( over the Month's close), to accumulate as much as Volume,
further entering in either scenarios (1) or (2).
4. If it breaks down the yellow zone, Further dips might be seen.
Opinions ?
Happy trading
AUDIO shark pattern 90% increase#AUDIO/USDT
#metaverse token
$AUDIO try to break out from descending resistance line, success to break it out will increase price 90% to complete shark pattern.
also there is a falling wedge pattern and price is above lower line, break out from descending resistance can head up price to upper line of wedge.
AUDIOUSDTHello to all trader's in the world , hope you have a good trading in last week !
Audio is good project im sure for a long time we expect to see the higher price but in generally i can see the symmetrical triangle pattern there and you should just wait to break the strong resistance(yellow area) and after breakout you can buy it , do not trade below this area !
dont forget to its not financial advice and do it with your own risk !
Have a good time Fellas
AUDIOAUDIO has done nothing interesting in the last 3 months (chart perspective).
But now, after the long retracement, price is near support around $1.4, we are near the break of the descending diagonal and the MACD is turning bullish. RRR is interesting.
This is not a buy signal yet. Typically, in such cases, you want to see a strong volume on the 4H or 1D to suggest a real breakout before entering a long position.
A successful retest of the horizontal support might be another (more aggressive) entry.
In any case, wait for bullish confirmation before going long.
AUDIO triangle breakout 3🎵 Audius broke up this triangle📐and I think there is chance for run to 4.53 and even higher. AUDIO turn up the volume, play it loud!🔊
ENTRY : local high @ 2.638
SL : local low @ 2.217
TARGETS : TP1 being market structure resistance. TP2 is height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 4. 01, 4.53
RRR : TP1 3.25, TP2 4.5
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
AUDIO TA - shortterm TA - Bullish 1hWe broke out of this smaller triangle/ Bull pennant. If we bounce back and retest the breakout, I will size up my position.
! This is a Trade for only few hours I guess.
- I opened a Position at $2.51 with a very tight SL at $2.39 .
- Take profit at $2.77
Disclaimer: DYOR. No financial advice. Just for your impression.
AUDIO triangle breakout 2🎵 Audius broke up this triangle 📐backtested the upper edge and now breaking the local range. I think there is chance for run to 4.61 and even higher. Just bought. AUDIO turn up the volume, play it loud!🔊
ENTRY : local high @ 2.611
SL : local low @ 2.405
TARGETS : TP1 and TP2 being market structure resistances. TP3 is height of the triangle projected from midpoint of the local range (BUY - SL) @ 3.36, 4.01, 4.61
RRR : TP1 3.6, TP2 6.8, TP3 9.7
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.