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.
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: Rectangle
ADA/USD,
4 hours
SHORT
Mar 15
There is a rectangle distinguished, the price needs a bigger correction as a signal of a breakdown.
A rectangle can be thought of as a useful indicator that spots a bearish price move if price breaks below support.
A bearish continuation to the 0.7 zone looks possible on a breakout of the rectangle as ADA/USD becomes weak.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Nov 21
It looks like the price shows a descending channel.
A descending channel provides a useful indicator that can be used to identify that the price to go long once price breaks out.
It is likely that a bullish continuation to the 0.82 level will occur.
Cardano: Falling Wedge
ADA/USD,
1 hour
LONG
Nov 9
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,
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: 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: Descending Channel
ADA/USD,
1 hour
LONG
39 hours ago
A descending channel happens, the price is about to break out now.
A descending channel is believed to be a bullish pattern that often spots a further move up if price breaks out to the the upside.
ADA/USD to enjoy a considerable gain towards the 0.67 zone.
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: Descending Channel
ADA/USD,
4 hours
LONG
Aug 18
A descending channel happens and the price is close to breaking out soon.
A descending channel describes a compelling price action formation that is used to signal that the price to go up when price breaks above resistance.
A move to the 0.34 zone stays on the cards as ADA/USD looks bid.
Cardano: Ascending Channel
ADA/USD,
4 hours
SHORT
6 days ago
It seems like an ascending channel occurs and the price expects a strong correction as a signal of a breakdown.
An ascending channel spots a sharp decline in case if price collapses through the support line.
ADA/USD risks further downside to 0.72 on a downside break.
Cardano: Falling Wedge
ADA/USD,
4 hours
LONG
Aug 17
There is a falling wedge taking place and the price is going to break out soon.
A falling wedge typically signals a further move up once price breaks out to the the upside.
ADA/USD to increase bullish potential to the 0.34 level.
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Cardano · ADA/USD