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...
Audio looks good for the next days after he s out from triangle!
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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.
I've been invested in $AUDIO since it was trading for 25 cents and still holding every coin while staking for 35-40% annual yield! It doesn't get any better than this and yet, there's STILL much more room to run with this coin!
Aside from a great technical setup, things still to look forward to over the next several months for $AUDIO are the following:
AUDIO 4 HR TF
Fundamentally speaking, this project seems solid.
There some big artist in the scene that use this platform as well as other reasons.
Technically speaking, it is a great buy level!
Market cap is still relatively decent too.
I would love to see a double bottom form at the recent lows before jumping in!
Short term targets are the yellow box
After a blowoff top at $4.96 this has dropped all the way back to a low of $1.43 and is now showing some signs of life. On the lower time frames it's printing good volume as it crosses the 200 SMA, also we see an EMA crossover playing out. On the higher time frames it could be forming a base around the .702 Reload Zone Fib (find the HXRO Labs Youtube on Reload...
Just listen ok and trust cause you won't see this mac d move on the anime but guarantee if those MAs get frisky the accounts gettin schwifty. You see the levels, you see the trend line. Not gonna bore ya with anything more but gains.