There is a rectangle distinguished, the price needs a bigger correction as a signal of a breakdown.
A rectangle can be thought of as a useful indicator that spots a bearish price move if price breaks below support.
A bearish continuation to the 0.7 zone looks possible on a breakout of the rectangle as ADA/USD becomes weak.
Cardano: Rising Wedge
ADA/USD,
1 hour
SHORT
22 hours ago
There is a rising wedge exposed and ADA/USD lacks a more bigger move as an indication of a breakdown.
If price breaks out to the the downside, the resulting move could spot a bearish price action.
There is a probability of a bearish run towards 0.67.
Cardano: Rectangle
ADA/USD,
4 hours
SHORT
2 days ago
The price gives a rectangle.
A rectangle tends to be a price action pattern that often signals extending an downtrend if price breaks through the support.
It is possible that a bearish continuation towards 0.68 will take place.
Cardano: Rising Wedge
ADA/USD,
4 hours
SHORT
4 days ago
The price composes a rising wedge and the price is ready to break out.
When price breaks through the support, the resulting move could spot a potential reversal in price action.
ADA/USD turns lower to 0.74 on a breakout of the rising wedge as bears seeking a new low.
Cardano: Rectangle
ADA/USD,
1 day
LONG
Feb 15
A rectangle turns up, the price is going to break out soon.
A rectangle is said to depict a compelling price action formation that often predicts a next move up in case if price breaks out to the the upside.
A bullish run to 0.58 is a possibility.
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: Rectangle
ADA/USD,
1 hour
SHORT
10 hours ago
A rectangle comes out and the price calls for a more active move as an indication of a breakout.
A rectangle results in a move down if price collapses through the support line.
It is likely that a rangebound to 0.63 will occur.
Cardano: Rectangle
ADA/USD,
4 hours
LONG
Feb 27
There is a rectangle recognized, the price breaks out soon.
A rectangle depicts a pattern that often predicts extending an uptrend if price breaks above resistance.
There is a possibility of a bullish continuation towards the 0.63 mark.
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: 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.
Cardano: Falling Wedge
ADA/USD,
1 hour
LONG
Mar 21
We can see that ADA/USD establishes a falling wedge, the price needs a next strong move as evidence of a breakout.
A falling wedge suggests a reliable bullish formation that is angled down that is used to identify a next move up in case if price breaks above resistance.
ADA/USD to strengthen towards 0.345.
Cardano: Descending Triangle
ADA/USD,
1 day
LONG
Oct 23
There is a descending triangle turning up, the price is about to break out soon.
If price breaks out to the the upside, the resulting move could predict a sharp rise.
There is a chance of a bullish run towards 0.265 on a breach of 0.262 as ADA/USD resumes the upside.
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