As we can see a falling wedge appears.
A falling wedge typically indicates a tendency to break in the opposite direction in case if price breaks through the resistance.
It is likely that a bullish move towards the 0.384 level will form on a upside break as indicators turn bullish.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Jun 27
It seems like a descending channel is close to being done and the price is ready to break out now.
A descending channel describes a technical bullish formation that can be used to identify that prices move counter to the prevailing price trend in case if price breaks through the resistance.
There is a probability of a bullish push up towards 0.395 as ADA/USD becomes bid.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Oct 13
There is an ascending channel happening.
An ascending channel typically results in that the price to go down once price breaks out.
It is not ruled out that a rangebound towards 0.352 will happen on impulse below 0.3525.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Mar 16
There is an ascending channel taking place and the price is ready to break out.
Once price breaks out, the resulting move could identify an interruption of an uptrend.
It is possible that a bearish move towards 0.73 will take place on impulse below 0.736 as the cryptocurrency probes 0.736 hurdle.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Jun 16
There is a descending channel happening, the price breaks out now.
A descending channel is said to depict a reliable bullish pattern that has a downward slope that can be used to identify that prices are likely to keep rallying upward once price breaks through the resistance.
ADA/USD pushes higher to the 0.27 level.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
18 hours ago
It seems like an ascending channel is close to being complete.
An ascending channel tends to be a technical bearish pattern that can be used to indicate that the price to go down in case if price breaks below support.
A further bearish price action to 0.67 looks probable while below 0.68.
Cardano: Pennant
ADA/USD,
1 hour
LONG
Mar 1
It looks like a pennant pops up.
Once price breaks out to the the upside, the resulting move could identify extending an uptrend.
ADA/USD is bullish and en route to the 0.7 level as extra rangebound not ruled out.
Cardano: Bearish Flag
ADA/USD,
1 hour
SHORT
Jul 9
There is a bearish flag spotted.
A bearish flag represents a useful bearish chart pattern with an upward bias that often indicates an upward trend is about to reverse into an downward trend if price breaks below support.
It is possible that a bearish run towards the 0.286 level will occur amid rising bets for the move.
Cardano: Ascending Triangle
ADA/USD,
4 hours
LONG
Nov 30
It seems like an ascending triangle is close to being done and ADA/USD calls for a bit more consolidation as a clue of a breakout.
An ascending triangle is said to depict a useful bullish chart signal that indicates an extension in the upward direction once price breaks through the resistance.
It is possible that a rangebound to 1.15 will form as the cryptocurrency resumes the upside.
Cardano: Rising Wedge
ADA/USD,
1 hour
SHORT
Jul 4
As we can see ADA/USD shapes a rising wedge, ADA/USD wants a strong move as an information of a breakout.
A rising wedge depicts a compelling bearish price action signal that signals that the price to go short once price breaks below support.
ADA/USD to move downward to the 0.29 zone as ADA/USD probes 0.295 hurdle.
Cardano: Falling Wedge
ADA/USD,
1 hour
LONG
Aug 15
There is a falling wedge noticed and ADA/USD requests a further bigger bullish continuation to confirm falling wedge breakout.
A falling wedge often indicates a countertrend succeeding the current trend if price breaks out.
There is a chance of a bullish continuation to the 0.34 level once above 0.339.
Cardano: Falling Wedge
ADA/USD,
1 hour
LONG
Feb 25
There is a falling wedge appearing.
A falling wedge indicates a bullish move in case if price breaks out to the the upside.
There is a probability of a further bullish run towards 0.595.
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Cardano · ADA/USD