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...
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
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...
We are in a bullish holding pattern, dips of 1.5%, then steady swings up. Steady gains. We get a nice injection of volume and move up. Volume is starting to taper off and getting indicators of momentum swinging down. Really hoping for a dip here so we can get some entries!
1:30 = Look at this common point of resistance and support all ALTS are popping at.
Just a quick warning AUDIO could be coming down sharply here, as I'm charting up this idea its started coming down haha.
If we break below the neckline its around 15% move down. BTC has finally dipped, so lets see what we have on our hands today!
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...
1.Audio has an efficient app already work and at the beginning of April had 3 million users
2. Audio is on the Grayscale product list
3. It bounces off the trendline a second time and is still in an uptrend
4. As the first and only music application that starts with the NFT, which has a huge hype.
5. You can see a huge power of buyers last month.
This is a daily chart for Audius $AUDIO.
I've traded $AUDIO plenty of times these months, always been very profitable but in this occasion made a mistake getting greedy on the April 12th breakout candle. I had scalped it twice and took profit every time it retraced and reentered after. I should´ve seen the decreasing volume on the histogram (white segmented line)...
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...
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: 2.45-2.55$ if A. SL B
Continuation pattern forming on both USD and BTC pair for AUDIUS..
Could see a continuation of uptrend soon.
MFI is oversold, RSI looks like it's finding some support.
Stochastic RSI price action is flat, looking for a crossover and move above 20 there (not displayed here), would wait for confirmation of these factors and a break to the...
The previous run up it bounced off the 50MA 4H several times after a bigger pump. It's seems to have found solid support at $3.20 and is approaching both the 50 MA and an older trendline. It passed through a more recent trendline and it could still drop to $3 quickly, but if you're looking for an entry, it does look like a good long opportunity (not financial advice :)).