Audius
AUDIO potential to rise good#AUDIO/USDT
$AUDIO is above the support zone and ascending support line.
🐮 holding above this strong support will increase price toward upper resistance zones.
🐻 break down from ascending support can drop price to lower ascending support.
⚡️ so I think there is a good R/R to get into this coin and earn some profit.
$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 🏆
AUDIO🎵 inverted H&SAudius is forming Inverted Head and Shoulders 🤷. If price breaks the the Neckline 1.283 I think there is chance for run to 1.91 and even higher. Turn up the volume, play it loud!🔊
ENTRY : local high @ 1.325
STOPLOSS (SL) : Right Shoulder @ 0.966
TARGET (TP) : Inverted H&S target projection @ 1.91
REWARD RISK RATIO (RRR) : 1.6
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Head and Shoulders pattern on AUDIOUSDTBased on technical factors there is a short position in :
📊 AUDIOUSDT Audius
🔴 Short Now 0.910
🧯 Stop loss 1.060
🏹 Target 1 0.850
🏹 Target 2 0.670
🏹 Target 3 0.470
💸Capital : 1%
We hope it is profitable for you ❤️
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AUDIUS Great Web 3.0 project for Market Markers make money LOLHow market makers see retailers. I see this in ADA, DENT, HOT as well.
When price comes out of the Accumulation zone.
Day1: it gains 20% then retrace a bit. Retailers think "oh nothing, I know it will come down again.
Day 3: it pumps another 20%, retailers think oh this pump is legit. I will wait to retrace.
Day 4: It pumps 45%, retailers think oh now, I should have buy in.
Day 5: another 40%, retailers think OMG I totally miss the gains. I must go in now,
this project is legit, many news, influencers talk about it.
Day 6: It pumps 20%, retailers think they are genius.
Day 7: It down 15%, retailers think they should DCA to a great project.
Day 8: It came back a bit, consolidation.
Day 8-30: Diamond hands, retailers regret about not selling top and for not buying at the bottom. So they diamond hands 'cause it works right?
Day 31: Capitulation. Down 60%. Retailers sell.
Rinse Repeat.
🆓Audius (AUDIO) Dec-24 #AUDIO $AUDIO
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.5$ zone
🔴Buy : 1.6 - 1.5
🔴Sell : 2 - 2.4 - 2.8
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.5$ zone
🔵Sell : 1.5
🔵Buy : 1.3 - 1.1
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
AUDIOAUDIO has done nothing interesting in the last 3 months (chart perspective).
But now, after the long retracement, price is near support around $1.4, we are near the break of the descending diagonal and the MACD is turning bullish. RRR is interesting.
This is not a buy signal yet. Typically, in such cases, you want to see a strong volume on the 4H or 1D to suggest a real breakout before entering a long position.
A successful retest of the horizontal support might be another (more aggressive) entry.
In any case, wait for bullish confirmation before going long.
AUDIO triangle breakout 3🎵 Audius broke up this triangle📐and I think there is chance for run to 4.53 and even higher. AUDIO turn up the volume, play it loud!🔊
ENTRY : local high @ 2.638
SL : local low @ 2.217
TARGETS : TP1 being market structure resistance. TP2 is height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 4. 01, 4.53
RRR : TP1 3.25, TP2 4.5
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
AUDIO triangle breakout 2🎵 Audius broke up this triangle 📐backtested the upper edge and now breaking the local range. I think there is chance for run to 4.61 and even higher. Just bought. AUDIO turn up the volume, play it loud!🔊
ENTRY : local high @ 2.611
SL : local low @ 2.405
TARGETS : TP1 and TP2 being market structure resistances. TP3 is height of the triangle projected from midpoint of the local range (BUY - SL) @ 3.36, 4.01, 4.61
RRR : TP1 3.6, TP2 6.8, TP3 9.7
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
🆓Audius (AUDIO) Nov-25 #AUDIO $AUDIO
The buying power of AUDIO is showing that it wants to increase strongly in the near future, but the buying power is not stable so we need to take profits at strong resistance zones. We can accumulate it at 2.4$ and 2$ with targets at 3$ and 4$. But if it loses the $2 zone, we will wait to buy it back at the $1.6 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 2$ zone
🔴Buy : 2.4 - 2
🔴Sell : 3 - 4
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 2$ zone
🔵Sell : 2
🔵Buy : 1.6
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
#AUDIUS close to a breakout here which could take it to $4Audius is close to breaking the solid downtrend resistance which has been in place since the highs in August. With a myriad of positive news surrounding the token coupled with a technical break, we could move to $4 and retest those previous highs