There is a descending channel distinguished.
When price breaks out to the the upside, the resulting move could predict that the price to go up.
A bullish move to 0.36 stays on the cards as uptrend may continue.
Cardano: Falling Wedge
ADA/USD,
1 day
LONG
Nov 2
ADA/USD establishes a falling wedge.
A falling wedge is considered to be a reliable pattern with a downward bias that is used to indicate that the price to go long if price breaks out.
There is a possibility of a bullish continuation towards the 0.38 zone on a breach of 0.355 amid rising bets for the move.
Cardano: Descending Channel
ADA/USD,
4 hours
LONG
Nov 6
There is a descending channel turning up, ADA/USD lacks a more active bullish move as a clue of a breakout.
A descending channel identifies a bullish indicator that typically indicates a bullish price action if price breaks out.
ADA/USD is bullish and en route towards the 0.36 mark as the wind continues blowing in favor of ADA/USD.
Cardano: Descending Triangle
ADA/USD,
1 hour
LONG
Mar 29
There is a descending triangle taking place, the price is ready to break out.
A descending triangle typically identifies the more likely potential of rising prices when price breaks above resistance.
A bullish price action towards 0.65 is on the cards while above 0.646 amid rising bets for the move.
Cardano: Symmetrical Triangle
ADA/USD,
1 hour
SHORT
Apr 12
It looks like a symmetrical triangle is close to being completed and the price is close to breaking out.
A symmetrical triangle suggests a compelling price action pattern that identifies prices are likely to keep falling downward if price breakdown occurs.
A move towards the 0.575 level is likely on a breach of 0.581.
Cardano: Bearish Rectangle
ADA/USD,
1 hour
SHORT
May 27
It seems like a bearish rectangle materializes.
A bearish rectangle is a compelling bearish price action pattern that can be used to spot an extension in the downward direction once price collapses through the support line.
ADA/USD risks suffer setback towards 0.456.
Cardano: Descending Triangle
ADA/USD,
4 hours
LONG
Jul 10
A descending triangle is almost done, the price is close to breaking out now.
A descending triangle results in a bullish price action if price breaks out.
ADA/USD to jump towards the 0.295 level on a break above 0.289.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
29 hours ago
There is a descending channel happening, the price demands a next move as a verification of a breakout.
A descending channel indicates a move up once price breaks out to the the upside.
ADA/USD violates bearish trendline to the 0.77 zone.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Jul 13
It seems like a descending channel is almost done.
A descending channel suggests a compelling chart formation that can be used to indicate that the price to go long in case if price breaks above resistance.
ADA/USD to head towards the 0.292 level on a breakout of the descending channel.
Cardano: Rectangle
ADA/USD,
1 hour
LONG
May 27
A rectangle is close to completion, the price is close to breaking out soon.
A rectangle tends to be a compelling bullish chart indicator that is used to predict a sharp rise once price breaks out.
ADA/USD aims to complete a retracement towards 0.464 on a breakout of the rectangle.
Cardano: Bearish Flag
ADA/USD,
4 hours
SHORT
Apr 10
A bearish flag is very close to being finished.
In case if price breaks through the support, the move could signal a further move down.
ADA/USD challenges a move to 0.57 once below 0.575 as bears look for entries.
Cardano: Bullish Flag
ADA/USD,
4 hours
LONG
Dec 2
It looks like a bullish flag occurs.
When price breaks out to the the upside, the resulting move could signal a change in price direction.
ADA/USD to resume its rise towards the 0.395 mark.
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Cardano · ADA/USD