There is a bullish flag happening.
A bullish flag suggests a reliable price action signal that is used to indicate a trend change to the upside once price breaks out to the the upside.
It is possible that a move to the 0.38 level will be made.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Apr 25
It seems like a descending channel forms.
A descending channel is believed to be a price formation that can be used to indicate an interruption of a downtrend when price breaks out to the the upside.
ADA/USD dives out bearish trendline towards the 0.395 mark.
Cardano: Ascending Channel
ADA/USD,
4 hours
SHORT
May 6
There is an ascending channel spotted and the price is about to break out now.
An ascending channel spots a bearish price move if price collapses through the support line.
ADA/USD to slide to 0.38 on a breakout of the ascending channel amid rising bets for the move.
Cardano: Rectangle
ADA/USD,
1 hour
SHORT
Dec 8
A rectangle is exposed.
A rectangle identifies a useful chart indicator that spots prices are likely to keep falling downward if price collapses through the support line.
ADA/USD is bearish and en route to the 1.17 zone once below 1.178 as there is a chance for a downside correction.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Jan 18
There is an ascending channel distinguished and the price is about to break out now.
An ascending channel typically spots a bearish price action if price breakdown occurs.
There is a possibility of extra downside to the 1.1 mark on a breach of 1.12 as bearish momentum increases.
Cardano: Bearish Flag
ADA/USD,
1 hour
SHORT
Jun 9
There is a bearish flag poping up, the price needs a next steady move as an information of a breakdown.
A bearish flag describes a specific chart signal that typically indicates an interruption of an uptrend when price breaks out to the the downside.
There is a possibility of decline to the 0.32 mark on a breach of 0.321.
Cardano: Bearish Flag
ADA/USD,
1 hour
SHORT
May 21
A bearish flag is very close to being finished and the price requests more steady fall for clear breakout confirmation.
A bearish flag typically predicts a bearish move if price breakdown occurs.
There is a chance of corrective downside towards 0.364 on a breach of 0.365.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
May 8
A descending channel is determined, the price is ready to break out.
A descending channel describes a technical bullish signal that often indicates a next move up in case if price breaks above resistance.
It is not ruled out that a further bullish continuation towards 0.7 will happen on a upside break as downside pressure mitigates.
Cardano: Descending Triangle
ADA/USD,
1 hour
LONG
Oct 20
The price shows a descending triangle, the price is about to break out now.
A descending triangle depicts a specific signal that is used to predict that the price will rally further once price breaks out to the the upside.
It is likely that a bullish move towards the 0.352 mark will take place as weakness seen overdone.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Aug 11
It looks like ADA/USD establishes an ascending channel and the price requests a steady move as an indication of a breakout.
If price breaks below support, the move could indicate the more likely potential of falling prices.
There is a probability of a move to 0.346 on a breakout of the ascending channel as bears seeking a new low.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Feb 10
A descending channel pops up, the price is close to breaking out now.
In case if price breaks out, the resulting move could predict a trend change to the upside.
There is a probability of a bullish move towards 0.71 once above 0.705.
Cardano: Bearish Flag
ADA/USD,
1 hour
SHORT
Jun 11
It seems like a bearish flag is recognized, ADA/USD expects a bigger correction to confirm bearish flag breakdown.
A bearish flag tends to be a bearish chart signal that results in a sharp decline when price breaks out to the the downside.
ADA/USD does not rule out a move to 0.435 as upside pressure alleviates.
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Cardano · ADA/USD