There is a bearish flag recognized, the price requires a further active bearish impulse as an information of a breakdown.
A bearish flag can be thought of as a specific chart formation that typically signals a bearish move in case if price collapses through the support line.
ADA/USD set to lose more ground to 0.2535 as ADA/USD is at a brink of a bearish breakout.
Cardano: Rectangle
ADA/USD,
1 hour
LONG
4 days ago
It seems like ADA/USD gives a rectangle, the price is about to break out soon.
If price breaks out, the move could spot a move up.
It is likely that a bullish run to 0.44 will occur on a breach of 0.438 as minor hurdle remains at 0.438.
Cardano: Bearish Flag
ADA/USD,
4 hours
SHORT
Sep 7
We can see that a bearish flag materializes.
In case if price breaks down, the resulting move could indicate that the price to go down.
Decline to the 0.252 level about to be made on a breach of 0.254.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
4 days ago
The price forms a descending channel.
A descending channel describes a price formation that often results in a move up when price breaks through the resistance.
It is likely that a move towards the 0.434 level will form on a breach of 0.4335.
Cardano: Rectangle
ADA/USD,
4 hours
LONG
Feb 27
There is a rectangle recognized, the price breaks out soon.
A rectangle depicts a pattern that often predicts extending an uptrend if price breaks above resistance.
There is a possibility of a bullish continuation towards the 0.63 mark.
Cardano: Bullish Flag
ADA/USD,
1 hour
LONG
Mar 4
There is a bullish flag determined, ADA/USD demands a strong move as a signal of a breakout.
A bullish flag typically signals that prices are likely to keep rallying upward when price breaks out.
ADA/USD risks a move towards 0.74 as ADA/USD looks bid.
Cardano: Bearish Rectangle
ADA/USD,
1 hour
SHORT
Jan 7
There is a bearish rectangle revealed and the price lacks a more move for the certainty of breakout.
A bearish rectangle often spots a bearish price move if price breaks down.
ADA/USD to continue the dereciation trend towards the 0.516 level on a breach of 0.518.
Cardano: Ascending Triangle
ADA/USD,
1 hour
SHORT
Apr 26
It looks like an ascending triangle occurs and the price calls for a next strong move as a verification of a breakout.
An ascending triangle often indicates a change in the prevailing trend when price breaks down.
There is a probability of a move towards 0.465 amid ADA/USD recedes from recent highs.
Cardano: Descending Triangle
ADA/USD,
1 day
LONG
Oct 23
There is a descending triangle turning up, the price is about to break out soon.
If price breaks out to the the upside, the resulting move could predict a sharp rise.
There is a chance of a bullish run towards 0.265 on a breach of 0.262 as ADA/USD resumes the upside.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Mar 5
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
4 days ago
A descending channel is almost completed and the price is going to break out soon.
A descending channel denotes a bullish price signal that can be used to indicate a downward trend is about to reverse into an upnward trend once price breaks above resistance.
There is a probability of a move to the 0.432 mark.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Mar 21
The price shows a descending channel.
In case if price breaks through the resistance, the move could identify that the price to go long.
ADA/USD to maintain its positive tone to the 0.345 level as bulls seeking a new high.
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Cardano · ADA/USD