AUDIO/USDT Downward wedge in horizontal channel 10 2023Arithmetic chart. Time frame 1 day. The descending wedge is a bullish formation on a bearish trend or accumulation zone (sideways). It was formed in a horizontal channel with a step of about +180%. Price has been moving along the support of this huge pump channel for 2 months.
Shown percentages (3 target zones), of two logical variants of trend development.
1) Trend break now. Breakout of the wedge resistance (downtrend) and work with the channel range.
2) Further formation of the wedge, entry under the channel support into the so-called capitulation zone and only after that the price growth.
Line chart.
Secondary trend. Distribution/accumulation zones (read the description and the interconnected idea of learning/working).
AUDIO/USDT Secondary trend. Channel 0.16. Correction -96%
Audio
Alikze »» AUDIO | Breakdown of the descending channelIn the weekly time, after a double correction within the descending channel, it is currently in the weekly supply area after breaking the ceiling of the descending channel and pulling back to it and supporting it in the green box area, which has the ability to grow by breaking it up to the red box area. And then it will have up to 1.618 Fibo.
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AudioThere are two patterns appearing on Audio, one being the double bottom and off to the right you can see a cup and handle forming. We are hoping for a retest of the top on the cup and handle pattern as this will give us a much better entry.
If we are able to get the retest the target for the cup and handle breaks us out of the double bottom pattern and may give us an opportunity to add to the trade at the second entry point. If we do not get a retest of the C&H pattern the best entry would be the second for the double bottom breakout. Based on the indicators it looks like we will get the retest of the C&H pattern.
AUDIO will soon be a rocketLooks like AUDIO's big diametric is over.
After engaging with the advance supply, it will soon move towards the target.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
$AUDIO looks ready For breakout $AUDIO looks ready For breakout
Key Takeaways. A breakout is when the price moves above a resistance level or moves below a support level. Breakouts can be subjective since not all traders will recognize or use the same support and resistance levels.
#AUDIO #Result & #Update #VIP #Eddy#AUDIO #Result & #Update #VIP #Eddy
It grew by 46.86% from our previous entry point 👌
Drink everyone 🍻 the new update is for you ❤️🔥🔥
Our previous setup is valid, 2 important levels which are PRZ are added on the chart image with a price label that you can enter in the lower time frames below 15 minutes with a small trigger stop 👌
You can open an account on the second target 👌 The third and fourth targets are not far from my expectations 👨🏻💻
» Don't forget to get approval
» Don't forget risk and capital management
⚠️ Attention!
((Look at the position and movements of Bitcoin, as well as the general state of the market and indicators, please confirm))
AUDIO/USDT Ready for its Next Bull Run? 👀🚀AUDIO Analysis💎 Paradisers, turn your attention to #AUDIOUSDT, as it's navigating an intriguing path in the market. The asset is showing a robust potential for an upward trend from its current demand zone.
💎 An in-depth look at #Audius's recent market activities reveals a downward trajectory. Having met resistance at $0.293 and then retracing, AUDIO is now gearing up for a potential bullish rise from the demand zone at $0.206. If AUDIO can maintain its position above this level, it may aim for the next substantial supply level at $0.362.
💎 However, in the unpredictable crypto market, #AUDIO traders need to be ready for various outcomes. If AUDIO finds difficulty in sustaining momentum at this demand level, it would be wise to prepare for a bullish resurgence from a lower support level at $0.185.
💎 A decline below this secondary support would necessitate a reevaluation of trading strategies, suggesting potential challenges in maintaining a bullish market direction.
💎 Stay vigilant and adaptable, Paradisers. Your ParadiseTeam is committed to providing you with up-to-date insights and strategies, ensuring you are well-equipped to navigate these market shifts.
📈 AUDIO/USDT Trading Setup 🚀Buy Zone:
Consider buying within the support zone between $0.2130 - $0.2190.
Take Profit Targets:
🎯 $0.28
🎯 $0.40
Stop Loss:
Manage your stop loss according to your trade strategy and risk tolerance.
Caution:
Confirm market conditions before executing trades.
Stay alert to potential changes and adjust strategies accordingly.
🔄 Monitoring:
Regularly assess price movements and adapt your approach.
Keep an eye on broader market trends.
Remember, cryptocurrency trading involves risks; manage them effectively and stay informed! 📊💹 #AUDIO #USDT #CryptoTrading 🚀📰
AUDIO Buy and HodlAUDIO formed a nice pattern with a double bottom on the weekly chart. It is quite possible to make 5x-6x in the coming bull season. Worth considering for your long term portfolio.
I think we will see this among the projects that are predicted to rise such as AVAX, SOL, ICP, NEAR, QNT. It can be a good investment in the long term.
AUDIO Long: Lagging behind?Have been watching AUDIO for a while waiting for its chart to shape up like it has lately.
Long-term trend break last week after forming double-bottom in 10 months.
Most important is the obvious lag in trend follow-through that we've seen from large-caps, namely AVAX, whose chart is very similar to AUDIOs.
Chart points the price filling the 0.52 wick from April '23, while tapping 0.673 puts it up to speed with AVAX (0.58 is a more conservative target).
Good luck!
AUDIO ANALYSIS (1D TF)The AUDIO icon is inside a large diametric. It seems that we are now in the middle of the F wave. It is expected to complete the diametric F wave.
By maintaining the green area, it can move towards two TPs. Touching the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
AUDIO Broke resistanceAUDIO UPDATE: AUDIO formed falling wedge on 4hrs TF and broke out from the falling wedge but was facing 4hrs resistance after the break of the falling wedge…. AUDIO was consolidating under 4hrs resistance all through yesterday but was able to flip resistance to support on 4hrs TF today…. Waiting for retest of 1hr TF bullish OB below for a good long runup
Follow for more market update
Going Long on AudioTraders,
I was stopped out of three trades today but all of them had nice little profits. I'll take that going long in a bear market. Let's continue our win streak.
I've added Audio as a long play to at least that 100-day ma around 16.75 cents. SL is 14 cents for an r/r of up to 2.7.
Technicals here show a break of our long-standing bullish descending triangle. We have now retested the top side of our triangle and can expect further upside. Because we are still in a bear market, I am playing these alt plays rather safe. Base hits not home runs.
Not fin advice. DYOR.
Best,
Stew
AUDIO/USDT Psychology. Accumulation. Distribution. Local fractalOne of many such cryptocurrencies whose price makes a huge profit from early accumulation. If you want to earn from a distance—buy and accumulate positions before the "promising crowd hype" or when working on similar instruments skillfully limit your potential losses.
Coin Market: Audius AUDIO
It's worth noting that a local fractal (the smart ones sell to the stupid ones) is forming in the distribution zone, which could potentially work (repeat). To sell it is necessary to make an "interest to earn" (to attract the less clever "traders"), in other words, waves to the growth of +500% on the secondary trends to attract attention. It is possible to make money on this, but with the condition of limiting potential losses. On such coins and at such values, it is rational to use stops, even at the "bottom" of the channel, if the price falls there.
It's worth noting that you shouldn't trade marginally (including shorting) on such coins with such liquidity and price. The liquidity allows you to manipulate both ways making margin calls.
Locally, this potential reversal zone looks as follows (the marker shows the direction of price movement) .
Coin as an example. There are many of these. As a rule, people notice such coins when investors need to get rid of them rather than buy them.
Greed and people's cloned mental behavior do the trick. New market entrants buy, old market entrants sell and then buy at a higher price (typical hamster behavior) or wait for even higher profits.
Since people sometimes write to me asking me to consider such hamster coins when HYIP (the news "diarrhea" phase for selling promising coins) is going on, I decided to consider.
Again, make money on this by "trading local price movements". One must work as a trader and not buy because of news background, promising super profits in distribution and expecting "cosmic targets". You need to limit your losses from the start and not be greedy.
Coin as an example. The name of the crypto coin and the legend from the creators doesn't matter much. It's all the same and created for the same thing (earning from speculation).
Always when trading an old/new instrument, you need to understand where the accumulation is, where the distribution is. And also, where the price is in the main trend.
Audio Getting Ready For Massive Breakout In downtrend from years now looking good for recovery after long time
formed descending broadening wedge in 3 days tf and approaching towards multi year trendline
trendline has been tested lots of time now seems weaker trendline and im expecting breakout soon
incase of successful breakout expecting 3 to 4x bullish rally in midterm
Audius / AUDIO & TIKTOK 🎵The price of Audius is $0.36 today with a 24hour trading volume of 100 million dollars. This represents a 20% price increase in the last 24 hours and a 80% price increase in the past 30 days
Audius is a decentralized music streaming protocol. Artists can upload their music to the network which will be streamed by nodes to listeners through a mobile app. AUDIO is the native token for the platform and is used for staking, governance, and incentivized earnings for artists, fans, and node operators. The Audius project recently announced a partnership with Tik Tok in which musics on the platform will be available to users on one of the largest social network in the world.With the integration, users new to Audius can simply create accounts by linking their TikTok profile. From there, listeners can automatically import their handle, information and carry over their TikTok verification status to Audius.
next targets are 0.39, 0.45 and 0.49$