AUDIOUSDT
Audius with a potential breakout!Traders,
Audius looks to be breaking out to the upside here. As reviewed in my previous altcoin video, we were in a bullish descending wedge. I wanted to see both a break above the topside of our descending wedge as well as a break above that level of resistance at .276 cents. Those two criteria have been met. So finally, I'd like to see a confirmation on the daily. We need to see a close above .276 and another candle both opening and closing above that same price. This would confirm the break.
Now, to look for entry.
Often after a breakout, price comes back to retest the upperside previous resistance. In this pattern, this ends up being the topside of our descending wedge. Once touched (after confirmation), this is where I would be looking to enter this particular trade.
One thing I don't like, is that 50 day ma above us. This may dis-sway my enthusiasm in this trade a bit.
Stay tuned. I will post if/when I do. Along with potential targets and SLs.
Best,
Stew
AUDIO/USDT can breakout ?i hope audio usdt can breakout and retest price $0.4 for up trend, please for buyer long now.
$AUDIO - Bull Flag breakout @ Daily TFMusic token $AUDIO spent days consolidating forming bull flag and now breaking out of it. It still need some more volume thrust to give us a clear picture for entry, maybe once it crosses yesterday's closed price of 0.3690 we can go in it. Till then I will an eye on the price direction and the volume factor.
AUDIO.USDT LONG SETUP Breakout AlertAudio looks interesting forming a triangle pattern, and is supported by a very good project ecosystem, long in the $0.344 area is very good with stop loss in the $0.3 area
the long target is at $0.45
AUDIO. Looks great📈The instrument looks good, we can see the strength of the buyer, let's go straight to the arguments:
1. Breakdown of the Downtrend
2.Break of the downtrend
3.Creation of a Bullish Flag
I like everything, it all depends on the buyer, if he is able to keep the price after the Bitcoin spill (if it happens), then there is a high probability that the price will go to our goal. In general, the priority is bullish📈
AUDIO BUY SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG 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
AUDIOUSDTSO we have an area of imbalance that needs filled and we are almost clear for takeoff. you can see on the chart where the sellers disappear based on the volume profile left-hand side i have marked a TP along the way to our final target as i see this could be a resistance area.
good luck and always DYOR