There is a bearish rectangle emerging and the price expects a more move to confirm bearish rectangle breakout.
A bearish rectangle is believed to be a compelling price pattern that often spots that the price to go down once price breaks out to the the downside.
ADA/USD to move back towards 0.755.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
16 hours ago
The price composes an ascending channel and adausd requires a further bigger move as a signal of a breakout.
An ascending channel typically predicts an upward trend is nearing its end in case if price breaks out to the the downside.
It is likely that extra downside to the 0.44 zone will be made.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
15 hours ago
An ascending channel arises, adausd requests more active pullback to confirm ascending channel breakout.
An ascending channel depicts a bearish pattern that is angled up that is used to indicate that the price to go down in case if price breakdown occurs.
It is likely that further decline to 0.44 will form on a breach of 0.443.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Jul 13
It seems like a descending channel is almost done.
A descending channel suggests a compelling chart formation that can be used to indicate that the price to go long in case if price breaks above resistance.
ADA/USD to head towards the 0.292 level on a breakout of the descending channel.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Jul 2
ADA/USD completes a descending channel and the price is going to break out soon.
A descending channel often identifies a move up if price breaks out.
ADA/USD to extend its advance towards 0.56 on a breakout of the descending channel as minor hurdle remains at 0.552.
Cardano: Rectangle
ADA/USD,
1 hour
LONG
May 27
A rectangle is close to completion, the price is close to breaking out soon.
A rectangle tends to be a compelling bullish chart indicator that is used to predict a sharp rise once price breaks out.
ADA/USD aims to complete a retracement towards 0.464 on a breakout of the rectangle.
Cardano: Bearish Flag
ADA/USD,
4 hours
SHORT
Apr 10
A bearish flag is very close to being finished.
In case if price breaks through the support, the move could signal a further move down.
ADA/USD challenges a move to 0.57 once below 0.575 as bears look for entries.
Cardano: Bullish Flag
ADA/USD,
4 hours
LONG
Dec 2
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: Descending Channel
ADA/USD,
4 hours
LONG
2 days ago
A descending channel takes place and the price is close to breaking out now.
A descending channel provides a bullish chart formation that can be used to predict a further move up in case if price breaks above resistance.
It is possible that a bullish move to 0.41 will occur on a breach of 0.41.
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: Bearish Flag
ADA/USD,
4 hours
SHORT
Oct 8
There is a bearish flag happening.
A bearish flag can be thought of as a bearish indicator that is used to spot a bearish move in case if price breaks below support.
Adausd risks extending drop towards the 0.8 level on a breakout of the bearish flag as the cryptocurrency nears 0.82 hurdle.
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