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Cardano · ADA/USD

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Cardano: Bullish Flag

ADA/USD, 1 day    LONG Jan 30
A bullish flag is very close to being finished. When price breaks out, the resulting move could predict a pause in a downtrending market. There is a chance of a move towards the 0.55 zone.

Cardano: Bullish Flag

ADA/USD, 1 hour    LONG Jul 13
There is a bullish flag coming out. A bullish flag identifies a move up once price breaks through the resistance. ADA/USD hints a change to the upside towards 0.292 on a breach of 0.291.

Cardano: Bearish Flag

ADA/USD, 1 hour    SHORT Sep 9
There is a bearish flag recognized, the price requires a further active bearish impulse as an information of a breakdown. A bearish flag can be thought of as a specific chart formation that typically signals a bearish move in case if price collapses through the support line. ADA/USD set to lose more ground to 0.2535 as ADA/USD is at a brink of a bearish breakout.

Cardano: Bearish Flag

ADA/USD, 4 hours    SHORT Sep 7
We can see that a bearish flag materializes. In case if price breaks down, the resulting move could indicate that the price to go down. Decline to the 0.252 level about to be made on a breach of 0.254.

Cardano: Falling Wedge

ADA/USD, 1 day    LONG Feb 4
A falling wedge is very close to being finished, the price breaks out. When price breaks out to the the upside, the move could signal a further move up. A further bullish continuation towards 0.55 is possible.

Cardano: Bullish Flag

ADA/USD, 1 hour    LONG Mar 4
There is a bullish flag determined, ADA/USD demands a strong move as a signal of a breakout. A bullish flag typically signals that prices are likely to keep rallying upward when price breaks out. ADA/USD risks a move towards 0.74 as ADA/USD looks bid.

Cardano: Bearish Rectangle

ADA/USD, 1 hour    SHORT Jan 7
There is a bearish rectangle revealed and the price lacks a more move for the certainty of breakout. A bearish rectangle often spots a bearish price move if price breaks down. ADA/USD to continue the dereciation trend towards the 0.516 level on a breach of 0.518.

Cardano: Ascending Channel

ADA/USD, 1 hour    SHORT Mar 5

Cardano: Descending Channel

ADA/USD, 1 hour    LONG Mar 21
The price shows a descending channel. In case if price breaks through the resistance, the move could identify that the price to go long. ADA/USD to maintain its positive tone to the 0.345 level as bulls seeking a new high.

Cardano: Descending Channel

ADA/USD, 4 hours    LONG Oct 20
We can see that a descending channel occurs and the price demands a further steady move as proof of a breakout. A descending channel tends to be a reliable pattern that is used to identify a trend change to the upside when price breaks through the resistance. ADA/USD to push up to the 0.255 level as ADA/USD challenges 0.251 hurdle.

Cardano: Falling Wedge

ADA/USD, 4 hours    LONG Feb 26
A falling wedge is found and the price is about to break out. A falling wedge often predicts a bullish move when price breaks through the resistance. ADA/USD could attempt a move towards 0.6.

Cardano: Ascending Channel

ADA/USD, 1 hour    SHORT Jun 5
An ascending channel takes place and ADA/USD demands a next active bearish action as an indication of a breakout. An ascending channel can be thought of as a specific bearish price formation that is used to identify extending an downtrend when price breaks out. It is not ruled out that a bearish push down to the 0.374 mark will take place as risk reversal sheds bullish bias.
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