AUDIOUSDT trade ideas
$AUDIO$Audio may play big maybe this coming week
On accumulation good to entry (if you know when) NFA
#Just observing
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 - Seller appearedReasons to take short
⭐️ BTC looks bearish
⭐️ Trend bearish
⭐️ Someone stopping the price
⭐️ 4th touch
⭐️ Volume at top
⭐️ 30 ATR
Will enter when price squeezes to the leverl on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
AUDIO - Nice local longReasons to take long:
⭐️ BTC locally bullish
⭐️ Accumulation 11 days
⭐️ Level visible on multiple timeframes
⭐️ Level is 6d old
⭐️ We are in the end of formation
⭐️ 4th touch
⭐️ Slowly squeezing to the level
⭐️ Under VWAP
⭐️ 30 ATR
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
2% - 1/3
4% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
AUDIOUSD (1H) Bearish Wave We2Hi Traders
AUDIOUSD (1H Timeframe)
A high probability, entry signal to go SHORT will be given with the downward break of 0.836 after the market found resistance at 0.952. Only the upward break of 0.952 would cancel the bearish scenario.
Trade details
Entry: 0.836
Stop loss: 0.952
Take profit 1: 0.675
Take profit 2: 0.505
Score: 8
Strategy: Bearish Wave We2