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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: 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: Descending Channel

ADA/USD, 4 hours    LONG Nov 6
There is a descending channel turning up, ADA/USD lacks a more active bullish move as a clue of a breakout. A descending channel identifies a bullish indicator that typically indicates a bullish price action if price breaks out. ADA/USD is bullish and en route towards the 0.36 mark as the wind continues blowing in favor of ADA/USD.

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: 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: Falling Wedge

ADA/USD, 1 hour    LONG 4 days ago
As we can see a falling wedge has been identified and the price is going to break out. A falling wedge denotes a compelling bullish chart pattern that has a downward slope that can be used to spot a move up if price breaks above resistance. There is a probability of a further move towards 0.445.

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: Rectangle

ADA/USD, 1 hour    LONG May 27
A rectangle is close to completion, the price is close to breaking out soon. A rectangle tends to be a compelling bullish chart indicator that is used to predict a sharp rise once price breaks out. ADA/USD aims to complete a retracement towards 0.464 on a breakout of the rectangle.

Cardano: Bearish Flag

ADA/USD, 4 hours    SHORT Apr 10
A bearish flag is very close to being finished. In case if price breaks through the support, the move could signal a further move down. ADA/USD challenges a move to 0.57 once below 0.575 as bears look for entries.

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.
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