AUDIOBTC trade ideas
AUDIO/BTC (Retest Previous Low Support)๐Technical Analysis Summary๐
BINANCE: AUDIOBTC
-AUDIO may have found support around 700s sat
-And resistance up around the 1100s sat
-We have a potential range channel where the price
-Can easily move either up or down direction
-If you are an aggressive buyer
-Scaling into position is what you are doing right now
-With a tight stop loss just below its previous support
-But if you want to be more conservative
-Waiting for a proper trend reversal is your key objective
-You are interested only buying above the box resistance
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AUDIO double bottom ?We can see the price has retraced to the old support
If this holds this could be a good buy opportunity for AUDIO
But price can always be manipulated with this low cap coins , go down to liquidate stop losses then PUMP, so we can put some alarms below price support and also above the next price resistance
AUDIO/BTC (Retest 1hr Swing Support?)๐Technical Analysis Summary๐
BINANCE: AUDIOBTC
-After a strong bounce last Oct 24 from 1150-2314 sat
-The price is almost back from its base of support
-Can we expect another bounce if the price reaches this area?
-There is a small chance but you need to wait for any price reaction
-Before entering this trade idea otherwise, AUDIO can easily break this support
A big Thanks for donating ๐ฐ via Tradingview coins this week to CITIZENCAINE ๐๐
``````````````````````````````````````````````
Trading Involves High Risk โ ๏ธ
Not Financial Advice ๐ธ
Please Exercise Risk Management ๐ฑ
``````````````````````````````````````````````
Thank You All!๐๐๐For Supporting My Channel ๐บ
Through Leaving A Thumbs Up, Comment & Follow ๐ฌ
Happy Trading!๐๐๐
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