AUDIOPERP trade ideas
AUDIO, let's maken some noise here! Volume is what we needAudio is testing the resistance line.. it's time to break it and create some volume for another 15% trade
AUDIO 4 HF TFAUDIO 4 HR TF
Fundamentally speaking, this project seems solid.
There some big artist in the scene that use this platform as well as other reasons.
Technically speaking, it is a great buy level!
Market cap is still relatively decent too.
I would love to see a double bottom form at the recent lows before jumping in!
Short term targets are the yellow box
As always, keep the risk managed! :D
LONG $AUDIOAfter a blowoff top at $4.96 this has dropped all the way back to a low of $1.43 and is now showing some signs of life. On the lower time frames it's printing good volume as it crosses the 200 SMA, also we see an EMA crossover playing out. On the higher time frames it could be forming a base around the .702 Reload Zone Fib (find the HXRO Labs Youtube on Reload Zone for more info).
From a FA perspective we are watching Solana projects smash - Sol Szn - Sol Summer is about to kickoff. Unlike Spotify, using the power of tokens and governance Audius can empower music creators in new ways to monetize and their content. It can empower fans to interact with creators and the network in new ways as well. Many of the benefits of NFTs can be embedded into the system. For more info listen to Solana podcast "Roneil Rumburg - CEO and Co-Founder of Audius Ep #36"
Audius $AUDIO still headed to $12+ by June after slight delayThe market may have sold off a bit, and technically this was due, but nothing has changed fundamentally about Audius/$AUDIO since my last chart.
Still projecting $AUDIO to bounce hard of it's recent low around $1.41 (a clear oversold level) to break the previous ATH of $5 and on to the fib line in the $12 - $13 range by mid June!
$AUDIO staking yields are still around 29% APY as initial investors and artist continue to acquire, accumulate and HODL AUDIO tokens. Audius is not only the future of music, but the future of digital audio, audio distribution and audio/music creators distributing their work directly to fans/buyers.
A few of the fundamental developments of The Audius Project (www.audius.co) I'm still expecting we'll see over the remainder of 2021 are as follows..
- Major musicians and artists joining every day and tweeting about it or mentioning it on the radio, tv, shows, events, etc.
- Major promos/partnerships with Top 20 global music producers/artists like Justin Bieber, Lady Gaga, Lana Del Rey, The Weekend, Cardi B, BTS , Drake, Billie Ellish, etc. etc. - branching out beyond major EDM artists and producers.
- User numbers and user growth rate increasing every week/month
- Coinbase/Gemini listing of AUDIO along with other top tier CEX listings like Kraken, Huobi, Kraken, etc.
- Grayscale announcing they're considering an AUDIO trust.
- Series B round of funding $30M - $50M likely coming in 2021
- VIP account tier perks rollout along with token economics and monetization
- How fans and artists benefit from the platform... WITHOUT the need for ads!
- How Audius earns revenue as a business
- Songs/Albums released as NFTs, music related NFT drops, music event ticketing and other perks related to NFTs
- Integration with blockchain games and metaverses
- Integration with virtual events, concerts, festivals
- Roadmap detailing plans to expand Audius beyond just music, into audio books, podcasts, events and ticketing.
- Artists launching their own custom tokens or NFTs on Audius
- New apps launching in the Audius app store that allow artist and fans to do things with music they could never do before.
If even a few of these things come to fruition, I would expect $AUDIO to have a fully diluted market cap of $50 to $100 billion within the next 5 years (~$50 AUDIO token value)!
Audius will be much bigger than Spotify which currently has a stock market cap of about $50 billion.
This is not financial advice, I'm not a financial advisor, do your own research (DYOR).
As always, enjoy the ride!
AUDIOUSDAudio looks good for the next days after he s out from triangle!
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The information and publications are not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation.
AUDIO/USDT 5$Fib touch 0.61;
Breakout;
Diminishing Volume;
Very Strong Fundamentals;
Low Market Cap;
Audius $AUDIO headed to $12+ Then trading rangeI've been invested in $AUDIO since it was trading for 25 cents and still holding every coin while staking for 35-40% annual yield! It doesn't get any better than this and yet, there's STILL much more room to run with this coin!
Aside from a great technical setup, things still to look forward to over the next several months for $AUDIO are the following:
These are fundamental developments of The Audius Project (www.audius.co) that I'm expecting we'll see over the remainder of 2021...
- Major musicians and artists joining every day and tweeting about it or mentioning it on the radio, tv, shows, events, etc.
- Major promos/partnerships with Top 20 global music producers/artists like Justin Bieber, Lady Gaga, Lana Del Rey, The Weekend, Cardi B, BTS, Drake, Billie Ellish, etc. etc. - branching out beyond major EDM artists and producers.
- User numbers and user growth rate increasing every week/month
- Coinbase/Gemini listing of AUDIO along with other top tier CEX listings like Kraken, Huobi, Kraken, etc.
- Grayscale announcing they're considering an AUDIO trust.
- Series B round of funding $30M - $50M likely coming in 2021
- VIP account tier perks rollout along with token economics and monetization
- How fans and artists benefit from the platform... WITHOUT the need for ads!
- How Audius earns revenue as a business
- Songs/Albums released as NFTs, music related NFT drops, music event ticketing and other perks related to NFTs
- Integration with blockchain games and metaverses
- Integration with virtual events, concerts, festivals
If even a few of these things come to fruition, I would expect $AUDIO to have a fully diluted market cap of $25 billion - roughly half the size of the stock market cap of Spotify (it's closest competitor)
This is not financial advice, I'm not a financial advisor, do your own research (DYOR).
Enjoy the ride!
$audio trade idea Two plan $audio trade idea. The way the market is going I don't see the second scenario planning out.
A more mature listening experienceDrew some more lines for you guys that like these lines. You gonna have to read between em tho if you want these gains
Who doesn't like musicJust listen ok and trust cause you won't see this mac d move on the anime but guarantee if those MAs get frisky the accounts gettin schwifty. You see the levels, you see the trend line. Not gonna bore ya with anything more but gains.
