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: Ascending Channel
ADA/USD,
4 hours
SHORT
2 days ago
There is an ascending channel revealed, the price is going to break out now.
An ascending channel results in an extension in the downward direction if price breaks through the support.
ADA/USD looks for a setback to 0.72 on a breakout of the ascending channel.
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: Ascending Channel
ADA/USD,
4 hours
SHORT
2 days ago
There is an ascending channel encountered.
An ascending channel depicts a specific indicator that is used to identify a move down in case if price breakdown occurs.
It is possible that a bearish push down towards the 0.7 level will occur as the mood may get worse.
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: Bearish Flag
ADA/USD,
1 hour
SHORT
10 hours ago
The price develops a bearish flag.
A bearish flag describes a bearish indicator that is used to spot a bearish move if price collapses through the support line.
ADA/USD to resume its downfall to the 0.66 mark on a breakout of the bearish flag.
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: Bearish Rectangle
ADA/USD,
1 hour
SHORT
Feb 24
There is a bearish rectangle emerging and the price expects a more move to confirm bearish rectangle breakout.
A bearish rectangle is believed to be a compelling price pattern that often spots that the price to go down once price breaks out to the the downside.
ADA/USD to move back towards 0.755.
Cardano: Ascending Channel
ADA/USD,
4 hours
SHORT
4 days ago
It seems like an ascending channel occurs and the price expects a strong correction as a signal of a breakdown.
An ascending channel spots a sharp decline in case if price collapses through the support line.
ADA/USD risks further downside to 0.72 on a downside break.
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.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Cardano · ADA/USD