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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Cardano · ADA/USD