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Cardano · ADA/USD

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Cardano: Rectangle

ADA/USD, 1 hour    SHORT Mar 19
A rectangle comes out and the price calls for a more active move as an indication of a breakout. A rectangle results in a move down if price collapses through the support line. It is likely that a rangebound to 0.63 will occur.

Cardano: Ascending Triangle

ADA/USD, 1 hour    LONG Mar 4
There is an ascending triangle diagnosed. If price breaks out, the resulting move could predict the bears have run out of steam. A bullish push up towards 0.75 stays on the cards on a breakout of the ascending triangle as the mood may improve.

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: Falling Wedge

ADA/USD, 4 hours    LONG Feb 26
A falling wedge is found and the price is about to break out. A falling wedge often predicts a bullish move when price breaks through the resistance. ADA/USD could attempt a move towards 0.6.

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: Falling Wedge

ADA/USD, 1 day    LONG Feb 4
A falling wedge is very close to being finished, the price breaks out. When price breaks out to the the upside, the move could signal a further move up. A further bullish continuation towards 0.55 is possible.

Cardano: Ascending Channel

ADA/USD, 1 hour    SHORT Mar 26
There is an ascending channel discovered, the price requests a bigger correction as proof of a breakout. An ascending channel denotes a useful bearish indicator that is used to predict a bearish price move if price breaks below support. A bearish move towards the 0.65 level is likely to happen as ADA/USD nears 0.66 hurdle.
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