There is a bullish rectangle distinguished and the price is close to breaking out soon.
In case if price breaks through the resistance, the move could signal a move up.
A further bullish continuation to 0.68 is possible while above 0.678 as downside pressure mitigates.
Cardano: Rising Wedge
ADA/USD,
1 hour
SHORT
Oct 10
There is a rising wedge recognized, adausd expects more fall for the certainty of breakout.
Once price breakdown occurs, the move could signal that the price to go short.
Adausd to continue the dereciation trend to the 0.81 zone as door open for a test of 0.81.
Cardano: Descending Channel
ADA/USD,
1 day
SHORT
Sep 26
It looks like adausd shows a descending channel, the price demands an active impulse down as evidence of a breakout.
When price breaks below support, the resulting move could identify a next move down.
Adausd to turn bearish towards the 0.75 mark on a breakout of the descending channel.
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: Falling Wedge
ADA/USD,
1 hour
LONG
Sep 30
A falling wedge has been noticed, adausd expects a strong bullish move as a sign of a breakout.
A falling wedge denotes a useful chart indicator that predicts a bullish move when price breaks through the resistance.
Adausd targets a move towards 0.795 amid the cryptocurrency recovers from recent lows.
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: Ascending Channel
ADA/USD,
1 hour
SHORT
Oct 7
An ascending channel is close to being complete.
An ascending channel typically predicts a further move down in case if price breaks down.
A move towards 0.82 is likely on a breach of 0.83 as bears looking for profit.
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: 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