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Cardano · ADA/USD

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Cardano: Rectangle

ADA/USD, 1 hour    SHORT Aug 21
There is a rectangle appearing. A rectangle describes a compelling price action signal that typically results in extending an downtrend when price breakdown occurs. It is not ruled out that a move to the 0.264 mark will take place on a breakout of the rectangle as outlook for ADA/USD stays negative.

Cardano: Bullish Flag

ADA/USD, 1 hour    LONG Mar 31
There is a bullish flag happening. A bullish flag suggests a reliable price action signal that is used to indicate a trend change to the upside once price breaks out to the the upside. It is possible that a move to the 0.38 level will be made.

Cardano: Descending Channel

ADA/USD, 1 hour    LONG Apr 25
It seems like a descending channel forms. A descending channel is believed to be a price formation that can be used to indicate an interruption of a downtrend when price breaks out to the the upside. ADA/USD dives out bearish trendline towards the 0.395 mark.

Cardano: Ascending Channel

ADA/USD, 4 hours    SHORT May 6
There is an ascending channel spotted and the price is about to break out now. An ascending channel spots a bearish price move if price collapses through the support line. ADA/USD to slide to 0.38 on a breakout of the ascending channel amid rising bets for the move.

Cardano: Bearish Flag

ADA/USD, 1 hour    SHORT Jun 9
There is a bearish flag poping up, the price needs a next steady move as an information of a breakdown. A bearish flag describes a specific chart signal that typically indicates an interruption of an uptrend when price breaks out to the the downside. There is a possibility of decline to the 0.32 mark on a breach of 0.321.

Cardano: Bearish Flag

ADA/USD, 1 hour    SHORT May 21
A bearish flag is very close to being finished and the price requests more steady fall for clear breakout confirmation. A bearish flag typically predicts a bearish move if price breakdown occurs. There is a chance of corrective downside towards 0.364 on a breach of 0.365.

Cardano: Ascending Channel

ADA/USD, 4 hours    SHORT Mar 3
There is an ascending channel uncovered. An ascending channel results in extending an downtrend when price breaks below support. ADA/USD opens door for a move to the 0.65 mark as ADA/USD challenges 0.71 hurdle.

Cardano: Ascending Triangle

ADA/USD, 1 hour    SHORT Jan 7
ADA/USD establishes an ascending triangle. An ascending triangle is considered to be a technical chart signal that is used to spot that the price to go down once price breaks out. ADA/USD to accomodate towards the 0.51 level on a break below 0.522.

Cardano: Rectangle

ADA/USD, 1 hour    SHORT Aug 7
A rectangle is identified. A rectangle describes a reliable price action signal that can be used to spot that the price to go short in case if price breaks down. ADA/USD to prolong the corrective phase to the 0.29 mark on a breakout of the rectangle.

Cardano: Descending Channel

ADA/USD, 1 hour    LONG Nov 15
A descending channel is detected. A descending channel is considered to be a reliable chart indicator that typically predicts a bearish-to-bullish trend reversal in case if price breaks through the resistance. ADA/USD hints a change to the upside to the 0.38 zone on a breakout of the descending channel as outlook for ADA/USD stays positive.

Cardano: Descending Channel

ADA/USD, 1 hour    LONG Jan 29
There is a descending channel occuring, the price calls for a more strong move as an indication of a breakout. A descending channel is considered to be a chart pattern that is angled down that is used to identify that the price to go long in case if price breaks out. ADA/USD to increase bullish potential towards the 0.495 zone as ADA/USD is at a brink of a bullish breakout.

Cardano: Descending Channel

ADA/USD, 1 hour    LONG Feb 26
There is a descending channel discovered, the price is ready to break out now. A descending channel is believed to be a useful chart formation that has a downward slope that is used to predict a downward trend is nearing its end in case if price breaks above resistance. There is a possibility of a move to the 0.595 mark.
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