It seems like the price shows a rectangle and ADA/USD demands a steady bearish action as evidence of a breakout.
Once price breaks down, the move could spot a bearish move.
ADA/USD to extend its setback to the 0.37 zone.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
2 days ago
There is a descending channel found, ADA/USD asks for an active bullish move as an indication of a breakout.
A descending channel denotes a useful price formation that has a downward slope that is used to identify extending an uptrend when price breaks out.
ADA/USD to surge considerably towards 0.355.
Cardano: Descending Channel
ADA/USD,
1 day
LONG
6 days ago
A descending channel comes out.
If price breaks out, the move could identify that prices are likely to keep rallying upward.
There is a chance of a further bullish price action towards the 0.38 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 Channel
ADA/USD,
1 day
LONG
Jan 7
It looks like ADA/USD shows a descending channel, the price is about to break out now.
A descending channel is considered to be a reliable indicator that often spots an interruption of a downtrend if price breaks through the resistance.
ADA/USD aims to complete a retracement towards 0.3.
Cardano: Falling Wedge
ADA/USD,
1 day
LONG
Mar 13
There is a falling wedge poping up and the price breaks out.
A falling wedge indicates a downward trend is nearing its end when price breaks out.
It is likely that a bullish push up towards the 0.34 mark will happen.
Cardano: Ascending Channel
ADA/USD,
1 day
SHORT
Feb 25
As we can see an ascending channel is close to being complete and the price requires further strong pullback to confirm a breakout.
Once price breaks through the support, the move could signal a bearish price move.
ADA/USD to maintain its negative tone to 0.36.
Cardano: Rising Wedge
ADA/USD,
1 hour
SHORT
Apr 10
We can see that a rising wedge materializes, ADA/USD asks for a next bigger move as a verification of a breakdown.
A rising wedge tends to be an indicator that typically identifies a bearish price action in case if price breaks below support.
ADA/USD looks for a setback to 1.03.
Cardano: Bearish Flag
ADA/USD,
1 hour
SHORT
Mar 13
There is a bearish flag arising, the price is ready to break out now.
A bearish flag is said to depict a reliable bearish price action formation that can be used to spot the more likely potential of falling prices once price breaks through the support.
There is a possibility of a rangebound to 0.788.
Cardano: Ascending Channel
ADA/USD,
1 day
SHORT
Feb 10
There is an ascending channel coming out and the price is close to breaking out soon.
An ascending channel is a compelling price pattern that has an upward slope that typically predicts a further move down once price breaks through the support.
There is a probability of a bearish continuation to the 0.3 level while below 0.36.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Dec 11
There is an ascending channel spotted and the price is ready to break out.
An ascending channel identifies a signal that can be used to spot a move down in case if price collapses through the support line.
A bearish push down to 0.312 about to be made on a break below 0.3128.
Cardano: Rectangle
ADA/USD,
1 hour
SHORT
Apr 11
It looks like ADA/USD develops a rectangle.
When price collapses through the support line, the resulting move could indicate a bearish move.
A rangebound to 1.02 is going to happen on a breach of 1.026 as there is a chance of further weakness.
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Cardano · ADA/USD