AUDIO with cup and handle Hi Guys,
Audio is running in cup and handle pattern. I supposed that it's time to buy some. We have a idea with so great R:R.
Buy/Long at this price around 2.8x
TP 4/5.7/7/4
SL 2.28
AUDIOUSD
$AUDIO - BullishWe have a beautiful cup & handle pattern.
It will break-out soon imo.
$AUDIO
Audius is a decentralized music-sharing and streaming protocol that facilitates direct transactions between listeners and creators, giving everyone the freedom to distribute, monetize, and stream any audio content.
The protocol consists of:
- Discovery nodes that index the Audius content ledger and provide an easily query-able interface for retrieving metadata;
- Content nodes to host content and permission access to content on behalf of artists;
- Content ledger as a single source of truth for all data accessible within the Audius protocol, anchoring references to content hosted by content nodes;
AUDIO is the native utility token for:
- Participating in protocol governance voting
- Staking for running discovery or content nodes so users will get a share of network fees
- Staking to unlock features like artist tokens and badges and receive voting power from fans
AUDIO/USDT 1D Cup + Handle Formed - Breakout target $6- Cup + Handle formation on the 1D with a breakout target of around $6
- Fibs have been drawn in
- Stoch RSI is in the floor indicating there is lots of room for growth
- Audius just signed a deal with TikTok, one of the fastest growing social media platforms which is bullish
- Integration is not yet complete therefore the potential inflow of volume from users has not yet been seen.
- Only put in what you're ready to lose
- GL if you follow.
AUDIO triangle breakoutAudius seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 4.45 and even higher. Let's dance with 🎵 AUDIO 🎵!
ENTRY : local high @ 2.76
SL : local low @ 2.51
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 4.45
RRR : 7
INVALIDATION : when SL level hit
Please like👍, comment🗣️, follow me✒️, enjoy📺!
Audius AUDIOUSD - Head and Shoulders + Strong coin! NEW ATH- Audius - AUDIO Rank #221, Volume 24h $23,243,503.
- The price is forming an head and shoudlers pattern on the daily chart!
- Currently the price is above the 200 Moving average!
- ALL TIME HIGH resistance is the first target, but i belieave we can do much more.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
AUDIO/USDT Potential 9R trade. Crypto analysis on AUDIO/USDT shared inside our portal and crypto channel. This coin has VERY strong fundamentals and we are huge believers in this project. They have the potential to steal a lot of market share away from the likes of Spotify and Apple Music.
In our opinion, AUDIO still has 100x potential from current prices, and might be something to consider in your Crypto portfolio.
This is not investment advice, please DYOR
AUDIO possible paths to $12+ by JuneUpdate on previous idea on explosive breakout paths to $12+ for $AUDIO in June
Audio Warning Top of the ascending logarithmic channelJust a little warnings for AUDIO investors, cos we are on the of the logarithmic ascending channel !
Have a great day!
AUDIO USDT LONG Price has been in accumulation phase now ready to move higher.
Indicators signalling a big move up
LONG $AUDIOAfter 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 Zone for more info).
From a FA perspective we are watching Solana projects smash - Sol Szn - Sol Summer is about to kickoff. Unlike Spotify, using the power of tokens and governance Audius can empower music creators in new ways to monetize and their content. It can empower fans to interact with creators and the network in new ways as well. Many of the benefits of NFTs can be embedded into the system. For more info listen to Solana podcast "Roneil Rumburg - CEO and Co-Founder of Audius Ep #36"
Audius $AUDIO still headed to $12+ by June after slight delayThe market may have sold off a bit, and technically this was due, but nothing has changed fundamentally about Audius/$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 around 29% APY as initial investors and artist continue to acquire, accumulate and HODL AUDIO tokens. Audius is not only the future of music, but the future of digital audio, audio distribution and audio/music creators distributing their work directly to fans/buyers.
A few of the fundamental developments of The Audius Project (www.audius.co) I'm still expecting we'll see over the remainder of 2021 are as follows..
- Major musicians and artists joining every day and tweeting about it or mentioning it on the radio, tv, shows, events, etc.
- Major promos/partnerships with Top 20 global music producers/artists like Justin Bieber, Lady Gaga, Lana Del Rey, The Weekend, Cardi B, BTS , Drake, Billie Ellish, etc. etc. - branching out beyond major EDM artists and producers.
- User numbers and user growth rate increasing every week/month
- Coinbase/Gemini listing of AUDIO along with other top tier CEX listings like Kraken, Huobi, Kraken, etc.
- Grayscale announcing they're considering an AUDIO trust.
- Series B round of funding $30M - $50M likely coming in 2021
- VIP account tier perks rollout along with token economics and monetization
- How fans and artists benefit from the platform... WITHOUT the need for ads!
- How Audius earns revenue as a business
- Songs/Albums released as NFTs, music related NFT drops, music event ticketing and other perks related to NFTs
- Integration with blockchain games and metaverses
- Integration with virtual events, concerts, festivals
- Roadmap detailing plans to expand Audius beyond just music, into audio books, podcasts, events and ticketing.
- Artists launching their own custom tokens or NFTs on Audius
- New apps launching in the Audius app store that allow artist and fans to do things with music they could never do before.
If even a few of these things come to fruition, I would expect $AUDIO to have a fully diluted market cap of $50 to $100 billion within the next 5 years (~$50 AUDIO token value)!
Audius will be much bigger than Spotify which currently has a stock market cap of about $50 billion.
This is not financial advice, I'm not a financial advisor, do your own research (DYOR).
As always, enjoy the ride!
$AUDIO Potential Falling WedgeContinuation pattern forming on both USD and BTC pair for AUDIUS..
Interesting project..
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 upside out of this pattern in order to go long, however, it is ALT season, and thus, finding good quality projects which are yet to fly, or taking a breather and forming a continuation pattern is always a solid R&R strategy.
$AUDIO will continue to go up, and then some! Fantastico!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.
