AUDIO broke out from a bull pennant / above multiple SMAs and is now retesting the bottom of the resistance zone around $3. I expect a retest of support before it can break into/above that zone, but you never know. This is looking like a reversal from the short term downtrend AUDIO has been in, but it will have to keep putting in higher lows.
targets are marked by red lines and possible reentry levels by green dashed lines. Keep an eye on AUDIO!
A similar setup was recently posted in the Crypto Revolution trading group, and now that we've had a confirmed breakout, I would expect to see some more volume / volatility in the coming days/weeks.
happy trades,
CD
targets are marked by red lines and possible reentry levels by green dashed lines. Keep an eye on AUDIO!
A similar setup was recently posted in the Crypto Revolution trading group, and now that we've had a confirmed breakout, I would expect to see some more volume / volatility in the coming days/weeks.
happy trades,
CD
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.