A rising wedge is observed.
A rising wedge suggests a reliable signal that signals a sharp decline once price breaks down.
Extra downside towards the 0.414 mark is not ruled out.
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: Descending Channel
ADA/USD,
4 hours
LONG
Mar 1
A descending channel is detected.
When price breaks out, the move could indicate price heading to a new direction.
ADA/USD to jump towards 0.7 on a upside break.
Cardano: Rectangle
ADA/USD,
4 hours
LONG
Feb 27
There is a rectangle recognized, the price breaks out soon.
A rectangle depicts a pattern that often predicts extending an uptrend if price breaks above resistance.
There is a possibility of a bullish continuation towards the 0.63 mark.
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: Ascending Triangle
ADA/USD,
1 hour
SHORT
Apr 26
It looks like an ascending triangle occurs and the price calls for a next strong move as a verification of a breakout.
An ascending triangle often indicates a change in the prevailing trend when price breaks down.
There is a probability of a move towards 0.465 amid ADA/USD recedes from recent highs.
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: Rectangle
ADA/USD,
1 hour
LONG
Jun 3
It seems like a rectangle is observed and the price is breaking out.
If price breaks above resistance, the move could indicate a move up.
ADA/USD to strengthen towards 0.456.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
May 20
A descending channel is uncovered.
A descending channel spots a next move up when price breaks above resistance.
ADA/USD could attempt a move to the 0.475 mark as extra rangebound not ruled out.
Cardano: Bearish Flag
ADA/USD,
1 hour
SHORT
2 days ago
The price develops a bearish flag.
A bearish flag describes a bearish indicator that is used to spot a bearish move if price collapses through the support line.
ADA/USD to resume its downfall to the 0.66 mark on a breakout of the bearish flag.
Cardano: Ascending Channel
ADA/USD,
1 day
SHORT
Mar 22
There is an ascending channel coming out, ADA/USD asks for a further move as a signal of a breakdown.
Once price breaks below support, the resulting move could signal that the price to go short.
It is possible that a bearish price action towards the 0.6 level will form on a breakout of the ascending channel as ADA/USD becomes offered.
Cardano: Bearish Flag
ADA/USD,
1 hour
SHORT
May 29
It looks like a bearish flag is close to completion.
When price breaks out, the resulting move could spot a bearish price move.
ADA/USD is at risk of resuming its decline towards 0.456 amid rising bets for the move.
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Cardano · ADA/USD