AUDIO/USDT { AUDIUS } - BULLISH SETUPANALYSIS 🔎
- AUDIO/USDT brokeout above the inverse head and shoulders neckline resistance.
- The market hit a swing high and retraced.
- Price is retesting the neckline resistance and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There is a relatively high concentration of buyers at the retest zone (High buying pressure).
BUY ENTRY ⬆️
- The key fibonacci retracement zone ( 0.5 - 0.618 - 0.784 ).
TARGETS 🎯
- Horizontal resistance level (@3.086).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
AUDIOUSDT
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
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AUDIO/USDT { AUDIO } - BULLISH SETUPANALYSIS 🔎
- AUDIO/USDT is bounded in the descending triangle pattern.
- Price is testing the descending triangle's inclined resistance as well.
- There's a breakout potential above the descending triangle's inclined resistance.
- This breakout can be seen as a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending triangle's inclined resistance.
TARGETS 🎯
- Horizontal resistance level (@3.146).
- Horizontal resistance level (@4.070).
SETUP INVALIDATION ❌
- Breakdown below the descending triangle's horizontal support level.
AUDIO USDTAUDIO USDT seems like make a big cup and handle pattern on the daily time frame, and now it is in the support area around 2.27. As long as AUDIO can maintain this area, then the nearest target is 4 and if it breakout from 4 ( cup and handle neckline area) then the cup and handle targer price is around 7.5 - 7.7
AUDIO - Hot cup of tea and a bull flag? Love AUDIUS - The future of music content on web 3.0 and the blockchain.
Surely there's a lot more legs in it to go and if market sentiment keeps positive this may go.
I am watching closely and will set stop losses accordingly just below the trend line incase it fails to break out
Not financial advice... Just an idea from an amature crypto hobbiest!
Lets see how it plays out :)
AUDIOUSDT potential 70%+ #audio
Audi is one of those coins that recovered very nicely after that mega crashed. After test the previous trade of course taking some profit. If you don’t hold any audio yet pretty good project.
Remember what AXS/USD did? most good altcoins will print the same setup.
Patient! these big players take ur money bye making you impatient
Until this small alt season runs out. I would expect audio to bounce off 0.382 fibs. ( $2.17 - $2.26 ) crack new all-time high.
Important for this setup to hold⚠️
- Daily RSI need to stay above 50%
- price needs to stay above Ema ribbon
In case of break down set reload at support 2.
My previous Update on audio with VIP
AUDIOUSDT Technical Analysis
Welcome back Traders, Investors, and Community!
AUDIOUSDT on H1 has broken above the resistance and also the triangle. It is expected to go higher.
⬆️Buy now or Buy at 2.8219
⭕️SL @ 2.5585
✅TP1 @ 3.2245
✅TP2 @ 3.4382
✅TP3 @ 3.6594
✅TP4 @ 3.8174
✅TP5 @ 3.9649
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Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
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Have a Profitable Day
AUDIOUSD Technical Analysis
Welcome back Traders, Investors, and Community!
AUDIOUSD on H1 has broken above the resistance and also the triangle. It is expected to go higher.
⬆️Buy now or Buy at 2.81834426
⭕️SL @ 2.55720239
✅TP1 @ 3.21761628
✅TP2 @ 3.42949998
✅TP3 @ 3.64888021
✅TP4 @ 3.80558038
✅TP5 @ 3.95183387
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
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 bullish, "Touch and Go"The trading channel is a powerful yet often overlooked chart pattern and combines several forms of technical analysis to provide traders with potential points for entering and exiting trades, as well as controlling risk. The first step is to learn how to identify channels. The next steps include determining where and when to enter a trade, where to place stop-loss orders, and where to take profits.
I attached AUDIO daily chart as example as it is forming a channel since last November. I traded this crypto pair a lot of times during this run with different indicators, but one could simply follow the support and resistance levels to indicate entry/exit points. Trading channels are a quite useful in graphically depicting support and resistance levels and traders often rely on them in identifying optimal levels to buy or sell a specified security. I marked a couple of entry points and as long as AUDIO keeps moving inside of channel and above support line, any touch of the line can be a good buy. “Touch and go” strategy, leaving position run to the upside resistance, selling on top, buying back lower.
AUDIO is moving inside of an ascending channel, which is drawn from two positive sloping lines at the resistance and support levels of a price series chart. This channel shows a bullish trend. As longer we are in trend, there is nothing to worry about. Trend is your friend. (Not FA)
AUDIOUSDT { AUDIO } - BULLISH SETUPANALYSIS 🔎
- AUDIOUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@1.4494)
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
TURN UP THE VOLUME! AUDIO COMEBACK! HOPIUM CURVE HOLDS STRONG!Kinda shocking but AUDIO has in fact been a top gainer on Binance recently!
Also shocking that the ironically titled "Hopium Curve" I drew when it was still in a downtrend has held strong!! (see chart linked below)
AUDIO is clearly trying to pull a macro trend reversal here and it's a beautiful thing for what is essentially an airdrop token that the AUDIUS team uses to support artists now and then XD
200SMA is currently acting as resistance, but if AUDIO can break above that - Look for parabolic upside and an eventual retest of the previous "Resistance zone"
happy trades,
CD
AUDIO/USDT Volume increase as early sign of recovery?The analysis will be similar for most coins at their current state so don't be upset if the phrases are the same.^^
We see an increase in volume which signs a rise in interest.
The purple line shows that we are in an upward movement with higher highs and higher lows.
Recently a cross between the 50MA and the 200MA occured where finally the 50MA is on top again.
These are early signs of a trend reversal which is not confirmed yet.
However, one might take this as a great buy opportunity.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.