AUDIOUSDT
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 $0.36 today with a 24hour trading volume of 100 million dollars. This represents a 20% price increase in the last 24 hours and a 80% price increase in the past 30 days
Audius is a decentralized music streaming protocol. Artists can upload their music to the network which will be streamed by nodes to listeners through a mobile app. AUDIO is the native token for the platform and is used for staking, governance, and incentivized earnings for artists, fans, and node operators. The Audius project recently announced a partnership with Tik Tok in which musics on the platform will be available to users on one of the largest social network in the world.With the integration, users new to Audius can simply create accounts by linking their TikTok profile. From there, listeners can automatically import their handle, information and carry over their TikTok verification status to Audius.
next targets are 0.39, 0.45 and 0.49$
AUDIO showing a very impressive investment opportunityHi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 2400 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
TRADE ALERT - Long AudioAudio too has reached it’s target down with a touch of the 200 day ma as I have been expecting for some time now. Picked some up at .23 cents. SL just below that .20 cent support somewhere pending RT. Selling along the way up at the various resistance levels above. May hold some to that .39 cents mark again.
Best,
Stew
AUDIO breakoutpurely an attempt with a good SL and possible small loss, long on AUDIO, trying it for the first time, hopefully it won't disappoint, trade wisely. Don't forget the SL
AUDIO ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUYSELL the AUDIO symbol.
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/USDT🔵🐇 #Audio/USDT
🪄Audio Position Based On Fresh Liquidity and Order Blocks and Structures
📍as you can see we had a strong bullish structure and now we are close to a fresh liquidity level and main support , so we can consider this area for a short term bullish move
#eth #btc #bitcoin #ethereum #cryptocurrency #crypto #Trade #trading #Invest #Trader #Signal #forex #Scalp #altcoins #chart #RTM #ICT
@aliceinmoneyland
#AUDIO Wait for the trend to continueWhile returning to the range of 29 cents, the specified range can be the continuation of the currency target.
Because it is on the way to rise, it is preferable to have approval, it has an attractive priority for a long position.
also In the specified range of red color, you can look for a short trade.
Trade Alert - Take ProfitTraders,
Are you beginning to sense that I am unsure of what will happen in the next week or so in the altcoin space? This is true. While I am fairly certain that Bitcoin will pullback at some point in the future to either retest our HKEX:25 ,200 level or, just above that, the 50 day ma - I am less certain as to how altcoin will react to BTC if it does pullback. In the past, during bear markets, altcoins have always exaggerated any move to the downside during a bear market. We are still in a bear market and with tomorrow's Shanghai upgrade on the Eth network which unlocks millions, I am just not sure how alts will respond. For me it's better to capture any profits I have while I have them and to wait until I see proper setup forming again for re-entry.
You can see APE is up into resistance here at the 50 day. I sold.
I have also sold Audio and Matic for now and am in cash at the moment.
Stew
AUDIO/USDT🔵🐇 #AUDIO/USDT
⚠️Caution : its inverted chart
🪄 AUDIO Has a Bullish Structure on bigger view
- We have a fresh liquidity zone around +0.52 and the target of structure is around there too
- but we can retrace around 0.2 - 0.15 before main bullish move or we can remain bullish
- the bigger structure is more reliable for me and DCA is a good decision for me
- it's a midterm view
- it's not a financial advice
- its just a structure not a signal with R/R
- there are a lot of bullish structures for midterm view in crypto market right now and i will share them with you
#Audio #Auidus #eth #btc #bitcoin #ethereum #cryptocurrency #crypto #Trade #trading #Trader #Signal #forex #Scalp #altcoins #chart #RTM #ICT
AUDIO broke Trendline ResistanceAUDIO broke Trendline Resistance
Wait for Proper retest confirmation for Bullish Continuation