AUDIOUSDT
$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/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.
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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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 ↓
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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.