Long-Term Accumulation Strategy for AUDIOUSDTI would like to share a long-term accumulation strategy for AUDIOUSDT that I've been eyeing.
Chart Patterns and Indicators:
Descending Channel: The price is currently moving within a descending channel, indicating potential breakout opportunities.
Harmonic Pattern (XABCD): The pattern suggests potential reversal points at identified accumulation zones.
Volume Analysis: Increased volume at support levels indicates strong buying interest and validation of accumulation zones.
Current market sentiment shows a mix of consolidation and potential bullish reversal, supported by the harmonic pattern and volume spikes at lower levels.
This long-term accumulation strategy for AUDIOUSDT focuses on systematically entering positions at identified support levels and distributing at key resistance points. This methodical approach aims to capitalize on both the technical patterns and market sentiment, ensuring a balanced risk-reward ratio.
Additional Details about Audius (AUDIO):
Market Cap: Approximately $159 million
Fundamentals: Audius is a decentralized music streaming protocol that enables artists to publish their tracks and engage with fans directly.
Potential: Strong user growth and partnerships with major artists, solving issues in the music industry like royalties and rights management.
Text Help by GPT :P, trust me he is way better at words!
Audiousdtlong
Audio conservative price target for bull runI think we will see new wave of NFT hype,not only for jpegs, but for some real product. NFT is huge, and tokenization is a big step. Today ill show you conservative plan for Audio.
BINANCE:AUDIOUSDT
Possible Targets and explanation idea
➡️A lot of chart for alts looks similar now. We are in 27 zone on weekly tf. accumulation
➡️You can see based on market mood indicator we got Depression period long time, so everyone who want accumulate Audio already did it. Whales need not only discount, they need time to accumulate bags
➡️Based on weekly fib will be ok fix some % at marked green block
➡️That time we will check market condition, macro etc again for updates
➡️First sweep liquidity will be on marked line + take profit line where you can withdraw initial deposit and leave free coins for free ride
➡️Middle term liquidity pool now around 0.38 level.
➡️If we will see black swan and capitulation again under I marked capitulation level
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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$AUDIO BULLISH FROM HERE👨🏻💻 SEED_DONKEYDAN_MARKET_CAP:AUDIO / USDT
#AUDIO symmetrical triangle pattern has formed💁♂️
In case of a successful bullish breakout, an upside move between 300% and 400% is projected📈
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Follow #CryptoEase and Share it With Your Crypto Mate 😉
BINANCE:AUDIOUSDT
#AUDIO/USDT#AUDIO
The price is moving within a bearish channel on a 1-day frame and is strongly committed to it.
We have a support area at 0.1500 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum by breaking it upward
Entry price is 0.2190
The first target is 0.2723
The second target is 0.3251
The third goal is 0.3906
Ready to send higher? AUDIODoing this analysis for a follower. I was checking this chart and it's looking promising. On higher timeframe, we are trying to bounce from weekly and daily support. On lower timeframe, as you can see, we have a bullish pattern that's going to break out to the upper side. Also, we have a bullish divergence. Everything (also including the pump on BTC) looks ready to send the AUDIO price higher. First resistance area around 0.21, if we break there and retest it, we will go much higher
#AUDIO/USDT#AUDIO
Finally, the price broke the descending triangle that the price has been trading within since the beginning of the year.
Once the downtrend was breached, the price achieved approximately 20% rise so far.
With a bullish reversal pattern, we expect the price to continue rising from...
Current level is 0.1715.
To an initial target of 0.2559.
A correction is expected before the price continues to
Second goal 4031.
This is approximately 220% of the current price.
With the chart being oversold and upward momentum
🟢 AUDIOUSDT - 1D (25.09.2022)🟢 AUDIOUSDT
TF: 1D
Side: Long
Pattern: Falling Wedge
SL: $0.18462
Leverage: 5x
TP 1: $0.26253
TP 2: $0.29627
TP 3: $0.32354
Can enter now and DCA if needed or wait until the price is in red area.
RSI on daily time frame looks bottomed. MACD cross is also imminent. If BTC pumps this will go crazy.
AUDIO buy zoneLooking to take longs on a higher low here for AUDIO. Not a chart I am that familiar with tbh, and there doesn't seem to feel like there is much volume going on at all.
Overhead resistance is like a double line. Open to comments on this, the higher line basically touches the wicks of the preceding price action and then the lower resistance catches more touches.
Consolidation here before breaking out. There's a sort of double bottom pattern with a tiny left shoulder of an inverse head and shoulders. Patience whilst the right should forms.
$AUDIO: AS SIMPLE AS THISFor those who don't know Audius, here is a snippet from CMC: Audius is a decentralized music streaming protocol initially built on POA network, but now living on Solana. Audius was launched to remedy the inefficiencies of the music industry, which is plagued by intransparent music rights ownership and intermediaries standing between artists and their audience.
Taking this trade gives you a RRR of 1:8 which is insane, risking 1% of your account for 8% potential reward is a less-stress investment.
Also, for this setup to play out we need this $BTC scenario, Trapping traders who are waiting for the breakout of this bear flag by bouncing from the weekly up trend.
For USDT dominance, it is in ATH which indicates a reversal for $BTC price:
Good luck everyone 🏆