A rectangle emerges and the price is about to break out soon.
A rectangle denotes a specific bearish price formation that can be used to indicate a sharp decline once price breaks through the support.
A rangebound towards the 0.395 mark stays on the cards on a breakout of the rectangle.
Cardano: Ascending Channel
ADA/USD,
4 hours
SHORT
Jun 5
An ascending channel occurs and the price is going to break out now.
In case if price collapses through the support line, the resulting move could spot a bearish price action.
There is a chance of decline to 0.365 on a breakdown of the ascending channel as ADA/USD is at a brink of a bearish breakout.
Cardano: Rising Wedge
ADA/USD,
4 hours
SHORT
Jun 5
There is a rising wedge spotted, the price is ready to break out.
A rising wedge typically results in a bearish price move once price breaks through the support.
ADA/USD risks a correction to the 0.375 level as upside pressure alleviates.
Cardano: Rectangle
ADA/USD,
1 hour
LONG
Dec 21
There is a rectangle uncovered, ADA/USD requires a more impulse up as an information of a breakout.
A rectangle is believed to be a compelling price signal that is used to signal that the price to go long when price breaks above resistance.
ADA/USD to head to 0.62 on a breakout of the rectangle as downside pressure mitigates.
Cardano: Descending Triangle
ADA/USD,
1 hour
LONG
2 days ago
A descending triangle is observed and the price is going to break out now.
A descending triangle is said to depict a useful price action indicator that is used to identify a move up once price breaks out to the the upside.
ADA/USD to enjoy a considerable gain towards 0.465.
Cardano: Ascending Channel
ADA/USD,
4 hours
SHORT
Jan 1
The price creates an ascending channel and the price calls for an active move as a clue of a breakdown.
In case if price breaks below support, the resulting move could signal a countertrend succeeding the current trend.
ADA/USD challenges a move towards the 0.58 level while below 0.595.
Cardano: Rectangle
ADA/USD,
1 hour
SHORT
Mar 19
A rectangle comes out and the price calls for a more active move as an indication of a breakout.
A rectangle results in a move down if price collapses through the support line.
It is likely that a rangebound to 0.63 will occur.
Cardano: Ascending Triangle
ADA/USD,
1 hour
LONG
Mar 4
There is an ascending triangle diagnosed.
If price breaks out, the resulting move could predict the bears have run out of steam.
A bullish push up towards 0.75 stays on the cards on a breakout of the ascending triangle as the mood may improve.
Cardano: Rectangle
ADA/USD,
1 hour
SHORT
Aug 21
There is a rectangle appearing.
A rectangle describes a compelling price action signal that typically results in extending an downtrend when price breakdown occurs.
It is not ruled out that a move to the 0.264 mark will take place on a breakout of the rectangle as outlook for ADA/USD stays negative.
Cardano: Bullish Flag
ADA/USD,
1 hour
LONG
Mar 31
There is a bullish flag happening.
A bullish flag suggests a reliable price action signal that is used to indicate a trend change to the upside once price breaks out to the the upside.
It is possible that a move to the 0.38 level will be made.
Cardano: Rectangle
ADA/USD,
1 day
LONG
Feb 15
A rectangle turns up, the price is going to break out soon.
A rectangle is said to depict a compelling price action formation that often predicts a next move up in case if price breaks out to the the upside.
A bullish run to 0.58 is a possibility.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Apr 25
It seems like a descending channel forms.
A descending channel is believed to be a price formation that can be used to indicate an interruption of a downtrend when price breaks out to the the upside.
ADA/USD dives out bearish trendline towards the 0.395 mark.
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Cardano · ADA/USD