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AUDIO / TetherUS

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AUDIOUSDT trade ideas

$AUDIO: Up or Down - What's next?$Audio is facing an uncertain week, especially on April 23rd. They are scheduled to increase their token supply by 100% to about 300M. This may lead to huge volatility. I am expecting two scenarios. First scenario, the price could drop by 50%. Most expect this, based on the formular p = mc/cs. Second scenario is for the price to rise, considerably. This would be due to a number of traders who have been waiting to see what will happen on the 23rd. Generally, a lot of people support the Audius project, but have been worried about the impact of the increased token supply. If Audio can pass this huddle safely, then moon landing is possible. (NOT A FINANCIAL ADVICE)
Long
by DrLin
6
audio/usdt AUDIUS Grounds: 1.Audio has an efficient app already work and at the beginning of April had 3 million users 2. Audio is on the Grayscale product list 3. It bounces off the trendline a second time and is still in an uptrend 4. As the first and only music application that starts with the NFT, which has a huge hype. 5. You can see a huge power of buyers last month. 6. Bitcoin broke the limits of 60,000 which probably heralds another ath for alcoins. 7. Price 2.5 $ at 3 million + users, for example soundcloud 250 million, apple music 50 million 8. No Ads 9. Support from deadmause5 and others 10. Strong lineup of creators. In my opinion, audius is undervalued and has a huge potential for gains of $ 8-10 and then $ 20+ easy
by mestinsin
6
AUDIOUSDT sounds pretty good.Audio already had enough correction and I consider that soon a bullish should start looking for an entry in some support. Correction Finish! Exchange AUDIOUSDT 1d Binance Price: 2.56| 2.50| 2.61 Vol: 4,504,194|9,690,650|16,251,953 ATR: 0.4327 ✅OBV: 440.5 M| 436.0 M| 445.7 M ⚪️RSI: 53.31| 52.08| 54.70 ⚪️MFI: 43.32| 38.32| 37.02 ⚪️CCI: -32.78| -42.83| -25.35 ❌WR%: -62.16| -67.66| -56.91 ✅ADX: 46.76| 47.89| 49.12 ❌MOM: Bearish Momentum ❌SMA: Price Below SMA Bearish ✅ADI: +DI >DI BULLISH ❌MACD: Bearish ✅PSAR: Bullish Support And Resistance S: $2.264 S: $2.352 S: $2.466 R: $2.627 R: $2.756 R: $3.049 R: $3.185 R: $3.326 R: $3.675 R: $4.030 Volatility is moderately high EXPERIMENTAL 🧪 🐂RSI: Bullish divergence ⚪️MFI:No divergence ⚪️FVE: No divergence 🐂Volume: Bullish Volume Trend
Long
by UnknownUnicorn18500526
2
AUDIO to erupt soonBased on the current Trend, and the step fall it has had for the past few weeks, we could see a few days, if not till the end of the month it could consolidate, seeing as now the major alts are pumping. This said, Audio has been breaking resistance points for the past few days, and there was a major buy signal on the 12th of April which could also indicate that another run up is coming, but on the other hand it has met a hard resistance at the 3.18 price point, so we could be hitting that celling for a few days before actually breaking it, but this is just my technical analysis. This year so far it had an incredible run, it makes sense for it to catch it's breath and have a down trend. Although this coin has still a long way to go, and has incredible potential seeing as there aren't any other music streaming blockchains out there, and they have an amazing team and advisors backing them up. I see this coin goin a long way and it could end up being a contender of Spotify in the very near future. NOT FINANCIAL ADVICE! DO your own Research.
Long
by SimonSai333
1
🌧️ AUDIO Possible BreakoutAUDIO has been in a descending wedge for a while now. Compared to the other run ups, AUDIO didn't go up as much, and has since retraced back down to lower levels. AUDIO has around 4 million active users now and growing, and could become a decentralized Spotify in the future. Expect a bullish run soon once volume starts to pick up. Higher risk taking individuals can consider buying in at these lows before the pump. Otherwise, wait for the break of the resistance line on the wedge.
Long
by RainyTrader
AUDIO UPDATE: NFT NEWS PUMP!After a massive 3000% run up over the past few months, AUDIO entered a steady retrace as most altcoin PA stagnated due to BTC volatility. However, 4 days ago the Audius team announced planned NFT integration, covered by coindesk here: www.coindesk.com Anything NFT related is getting a lot of attention / bullish investment, so this news drop was a well-timed attempt to stop the bleeding. Unfortunately I think this news largely went under the radar as BTC stole everyone's focus the last few days. Perhaps now people are hearing about it because sure enough, despite bearish short term technicals, today the price pumped, breaking out with volume. The question is - is this news enough to reverse the short term downtrend? Or is this a case of "buy the rumor, sell the news?" Short term technicals have shifted bullish on this pump. Stoch & MACD are oversold & angling upward on 12HR and 1D TFs, and the volume does add validity to the breakout. These indicators still look pretty bearish on 3D and Weekly though. So I'm kinda on the fence. It would be more compelling to see a third bounce around the 200MA / recent support. I would consider that an aggressive entry point at this time, but who knows. If enough people fomo into this pump, we could see another run up sooner than expected. happy trades, CD
by cryptodonovan