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: Pennant
ADA/USD,
4 hours
LONG
4 days ago
There is a pennant revealed, the price breaks out now.
A pennant denotes a technical formation that typically results in that the price will rally further in case if price breaks above resistance.
Adausd is bullish and en route towards 0.43 on a breakout of the pennant as weakness seen overdone.
Cardano: Descending Triangle
ADA/USD,
4 hours
LONG
Jun 30
A descending triangle turns up and the price is going to break out.
A descending triangle depicts a technical bullish price action signal that signals that the price to go up once price breaks above resistance.
ADA/USD embarks on a bullish correction to 0.59 as bulls looking for profit.
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: 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: 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: Descending Channel
ADA/USD,
1 hour
LONG
2 days ago
There is a descending channel poping up.
A descending channel typically indicates a bullish move when price breaks out.
A bullish run towards 0.395 looks likely once beyond 0.392.
Cardano: Bearish Flag
ADA/USD,
1 hour
SHORT
4 days ago
A bearish flag is very close to being completed, the price is ready to break out now.
A bearish flag can be thought of as a specific price action pattern that is angled up that often spots a next move down once price breaks through the support.
Adausd to extend its slide towards 0.418 on a breakout of the bearish flag as the cryptocurrency becomes offered.
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: Rising Wedge
ADA/USD,
4 hours
SHORT
6 days ago
A rising wedge is discovered, the price is ready to break out.
If price breaks below support, the resulting move could indicate prices are likely to keep falling downward.
Adausd to extend its setback towards the 0.425 zone.
Cardano: Bullish Rectangle
ADA/USD,
1 hour
LONG
Oct 19
There is a bullish rectangle identified, adausd expects more push up as an information of a breakout.
A bullish rectangle denotes a bullish price action signal that can be used to identify a next move up in case if price breaks above resistance.
It is possible that a bullish move towards 0.645 will form as bulls seeking a new high.
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Cardano · ADA/USD