Yello Paradisers! Are you keeping an eye on #AUDIOUSDT or not? If not, you might want to start now because #Audius is showing some textbook Elliott Wave patterns that could signal either a massive breakout or a steep drop:
💎Currently, #AUDIO is in a corrective phase following its five-wave impulsive rally (1-2-3-4-5). The price has been moving within a descending channel, with a clear A-B-C correction pattern in play. Wave A initiated the downtrend, Wave B formed a lower high at resistance, and Wave C is now approaching a key demand zone around $0.0942. If the price finds support here, we could see the beginning of a new bullish impulse.
💎For bulls to regain control, #AUDIOUSD must break above the descending resistance, currently. A clean breakout here would likely trigger an impulsive rally, pushing toward the major resistance zone at $0.13. But don’t get ahead of yourself. Without this breakout, the bulls remain on shaky ground.
💎A breakout above $0.13 will be the confirmation of bullish momentum. If #AUDIO reclaims this level, the next target will be the $0.22-$0.24 resistance zone, offering a solid upside potential.
💎The $0.0942-$0.09 zone is the critical demand area. We expect #AUDIOUSD to test this level before a potential rebound. If a bullish divergence appears on RSI and MACD, it could confirm the end of Wave C and the start of a new rally. However, if #AUDIO closes below this zone, the setup is invalid, and we may see further downside toward $0.06.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
💎Currently, #AUDIO is in a corrective phase following its five-wave impulsive rally (1-2-3-4-5). The price has been moving within a descending channel, with a clear A-B-C correction pattern in play. Wave A initiated the downtrend, Wave B formed a lower high at resistance, and Wave C is now approaching a key demand zone around $0.0942. If the price finds support here, we could see the beginning of a new bullish impulse.
💎For bulls to regain control, #AUDIOUSD must break above the descending resistance, currently. A clean breakout here would likely trigger an impulsive rally, pushing toward the major resistance zone at $0.13. But don’t get ahead of yourself. Without this breakout, the bulls remain on shaky ground.
💎A breakout above $0.13 will be the confirmation of bullish momentum. If #AUDIO reclaims this level, the next target will be the $0.22-$0.24 resistance zone, offering a solid upside potential.
💎The $0.0942-$0.09 zone is the critical demand area. We expect #AUDIOUSD to test this level before a potential rebound. If a bullish divergence appears on RSI and MACD, it could confirm the end of Wave C and the start of a new rally. However, if #AUDIO closes below this zone, the setup is invalid, and we may see further downside toward $0.06.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
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🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
