AudiousdtAudio chart with short term and mid term targets is drawn with support and resistance and supports
AUDIOUSDT trade ideas
Audius AUDIOUSD - Head and Shoulders + Strong coin! NEW ATH- Audius - AUDIO Rank #221, Volume 24h $23,243,503.
- The price is forming an head and shoudlers pattern on the daily chart!
- Currently the price is above the 200 Moving average!
- ALL TIME HIGH resistance is the first target, but i belieave we can do much more.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
AUDIO bullish, "Touch and Go"The trading channel is a powerful yet often overlooked chart pattern and combines several forms of technical analysis to provide traders with potential points for entering and exiting trades, as well as controlling risk. The first step is to learn how to identify channels. The next steps include determining where and when to enter a trade, where to place stop-loss orders, and where to take profits.
I attached AUDIO daily chart as example as it is forming a channel since last November. I traded this crypto pair a lot of times during this run with different indicators, but one could simply follow the support and resistance levels to indicate entry/exit points. Trading channels are a quite useful in graphically depicting support and resistance levels and traders often rely on them in identifying optimal levels to buy or sell a specified security. I marked a couple of entry points and as long as AUDIO keeps moving inside of channel and above support line, any touch of the line can be a good buy. “Touch and go” strategy, leaving position run to the upside resistance, selling on top, buying back lower.
AUDIO is moving inside of an ascending channel, which is drawn from two positive sloping lines at the resistance and support levels of a price series chart. This channel shows a bullish trend. As longer we are in trend, there is nothing to worry about. Trend is your friend. (Not FA)
AUDIOUSDT { AUDIO } - BULLISH SETUPANALYSIS 🔎
- AUDIOUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@1.4494)
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
HUGE butterfly on audio if you were around for the first audio pump youll remember how overbought this thing got. Now a huge butterfly pattern, keep an eye on this one if btc dom heads towards 30% this one could be huge
AUDIO near breakout or another retest?Audio is just under the previous rejection level. We could see a breakout soon, but also we should keep in mind that RSI is high already and that volume is falling, so there is a real chance that before breakout we could see some kind of pullback, could be as low as the previous support level... Traders who entered this based on my previous chart are no about 32% in profit. Keep an eye on this, could be easy trade...
AUDIO end of 5 day correction?Is AUDIO correction near the end... looks like it's ready to do something... and I love when they do something...
long audioIf the resistance fails, it can move up to the specified range and make a profit of approximately 40%
AUDIOUSDT is creating another bull flag 🦐AUDIOUSDT is creating another bull flag 🦐 below the daily resistance. IF the price will have a breakout from the resistance and turn into new support, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
TURN UP THE VOLUME! AUDIO COMEBACK! HOPIUM CURVE HOLDS STRONG!Kinda shocking but AUDIO has in fact been a top gainer on Binance recently!
Also shocking that the ironically titled "Hopium Curve" I drew when it was still in a downtrend has held strong!! (see chart linked below)
AUDIO is clearly trying to pull a macro trend reversal here and it's a beautiful thing for what is essentially an airdrop token that the AUDIUS team uses to support artists now and then XD
200SMA is currently acting as resistance, but if AUDIO can break above that - Look for parabolic upside and an eventual retest of the previous "Resistance zone"
happy trades,
CD
AUDIOUSDT - Long - Potential 32.40%AUDIOUSDT - Long - Potential 32.40%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Zone:
1.1302 - 1.2132
Take-Profit Targets:
1) 1.2641
2) 1.4058
3) 1.6098
Stop Targets:
1) 1.0149
Entry Triggers - TD9 on a nice pullback with bullish momentum in almost all alts.
Breaking the downtrend lineFinally, I enter the downtrend line in the daily time frame and the four-hour break of one step and wait for the pullback to enter the trend line for the next step.
Expect prices to rise to 1.9; I have $ 2.5 and $ 3, which is a good price if the 1.9 pump resistance breaks
audio analyzeAccording to the chart above, as you can see, this currency had a good growth that could break the ceiling.
We suggest that if you are going to buy, enter 1.08 and 0.98 in Step, if you go down, you can lower your average in buying.
4-hour stabilization stop is below $ 0.87.
Waiting for the downtrend line to breakThis is the third encounter with the downtrend line, and if the trend line breaks, I will buy with a strong candlestick in the pullback
AUDIO/USDT Volume increase as early sign of recovery?The analysis will be similar for most coins at their current state so don't be upset if the phrases are the same.^^
We see an increase in volume which signs a rise in interest.
The purple line shows that we are in an upward movement with higher highs and higher lows.
Recently a cross between the 50MA and the 200MA occured where finally the 50MA is on top again.
These are early signs of a trend reversal which is not confirmed yet.
However, one might take this as a great buy opportunity.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
AUDIO AUDIO is having itself a grand time with its personal bull market.
Fundamentally this is a great platform for independant artists to do whatever they want with censorship which is awesome.
20 EMA crossed over 200 EMA.
20 EMA about to cross the 50 EMA.
Usually second golden cross is where the big move happens.
The 0.618 good TP and buy back in at 0.5.
Close below the R1 or 100 EMA on daily may signal downtrend.
Long term can def see this crypto platform being mainstream.
This is not financial advice, just my own opinions.
Audio, time for correction or?Will AUDIO do some correction or will it act like AXS? I will wait and see but don't want to miss this one, long or short, never mind...
$AUDIO- This hurtsMissing out on this one kinda hurts cos i have always knew its a gem *sighs*
Waiting on the next pull back.
Check the fundamnetals..
