✴️ Audius | Full Market Cycle Exposed! (600% Within 2-3 Months)

16 feb

Audius hit bottom December 2022, quite a while back and has been trading relatively low since October 2023.

While we have a relief rally in early 2023 and another bounce late the same year, based on the bigger picture all the action from December 2022 to present day is the accumulation phase. The range is wide but once the next bull-market start and new highs show up, the chart will depict very clearly how the current phase looks flat and the last All-Time High will seen low.

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➖ The 600% potential mapped on the chart is the medium-term target.
➖ There is a potential for a retrace/correction after hitting this target.
➖ This retrace/correction would produce a higher low that will lead to the next leg and final bull-run.
➖ The bull-run is expected to hit a new All-Time High as we have a long-term higher low.
➖ This All-Time High will be followed by a new bear-market.
➖ This bear-market is likely to end in a new consolidation/accumulation phase.
➖ Instead of a long drawn-out consolidation/accumulation phase as in 2023, the next one should be short-lived based on the law of alternation.
➖ After consolidation a new bullish wave... A new bull-market ending in a bull-run with a new All-Time High.

These are the market cycles simplified.

Thank you for reading.

Namaste.