On the above 3-day chart price action has collapsed almost 100% since the sell signal (not shown) bang right on the top at $6 in March 2021. Now is an excellent time to be long. Why?
1) Strong buy signal (not shown).
2) Multiple oscillators printing bullish divergence over a 45 day period. Red circles… look left!
3) RSI trend reversal.
4) Everything that was...
AUDIO increased trading volumes, the limit buyer begins to push the price to update the hay. There is a cascade of local highs, beyond which there is liquidity. I am waiting for the formation of trading and impulse exit to the long in order to withdraw liquidity behind the level. I plan to go from a round number - 0.16. Target – 0.1666$ (5.21%)
🟢 AUDIOUSDT
TF: 1D
Side: Long
Pattern: Falling Wedge
SL: $0.18462
Leverage: 5x
TP 1: $0.26253
TP 2: $0.29627
TP 3: $0.32354
Can enter now and DCA if needed or wait until the price is in red area.
RSI on daily time frame looks bottomed. MACD cross is also imminent. If BTC pumps this will go crazy.
AUDIOUSDT has given a break out from falling wedge and the price is trading above it.
We are expecting bullish upside.
The downside looks minimum and upside has exceptional returns.
Manage your trades accordingly.
AUDIOUSDT has been trading within a bearish parallel channel .
The price is making lower lows and lower highs.
Now currently the price is approaching to lower boundary of channel.
The bulls will get strength in this zone.
Manage your levels accordingly.
Audius can be bought by Sony or Warner Bros Music. Audius is only web3 and metaverse music coin. It has 5 million users. It can be pumped incredibly big in 2023.
AUDIOUSDT has broken above the falling resistance. Now the price is retesting this breakout level and horizontal support zone .
So, we are expecting the bulls to take control from this zone. if they react they can push the price to further high above the horizontal resistance.
Manage your trades accordingly.
AUDIO is ready to make a move as it found a major support right now, let's watch it closely and buy a "bag".
THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
Longing this structure by way of contingency in the event that BTC pushes 25k in the following weeks. This is technically not a hedged position.
Peripheral shorts remain active as I expect lower lows based upon larger wave structures.
NFA
The price had a false breakout from the pennant and got new liquidity from the daily resistance at 0.42$ area.
Now the price is testing the 4h support at 0.29$ area
How to approach it?
IF the price is going to lose the support and retest as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure ->...
BINANCE
