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Cardano · ADA/USD

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Cardano: Descending Channel

ADA/USD, 1 day    LONG Nov 7
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: 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: 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 Flag

ADA/USD, 1 day    SHORT May 29
It looks like a bearish flag has been revealed, the price breaks out. A bearish flag denotes a bearish chart pattern that is used to signal the bulls have run out of steam once price breakdown occurs. There is a possibility of corrective downside towards 0.7 on a breach of 0.74 amid rising bets for the move.

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, 1 day    SHORT May 31
It seems like an ascending channel arises and the price is about to break out. An ascending channel predicts a bearish price action when price breaks down. Corrective downside towards 0.7 looks possible as bears look for entries.

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: Descending Channel

ADA/USD, 1 hour    LONG Jul 2
ADA/USD completes a descending channel and the price is going to break out soon. A descending channel often identifies a move up if price breaks out. ADA/USD to extend its advance towards 0.56 on a breakout of the descending channel as minor hurdle remains at 0.552.
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