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: Ascending Channel
ADA/USD,
1 hour
SHORT
May 23
It looks like an ascending channel has been detected and the price wants a further strong bearish action as a signal of a breakout.
An ascending channel depicts a reliable bearish price action pattern that is angled up that is used to predict a trend change to the downside when price breaks out.
It is not ruled out that a bearish push down to 0.8 will happen on a breakout of the ascending channel.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Mar 5
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.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Oct 22
There is an ascending channel taking place.
An ascending channel depicts an indicator that is used to identify an extension in the downward direction if price breaks below support.
Decline to 0.64 about to be made as the cryptocurrency nears 0.644 hurdle.
Cardano: Rectangle
ADA/USD,
4 hours
SHORT
4 days ago
Adausd shapes a rectangle, the price is going to break out soon.
A rectangle denotes a chart formation that is used to spot a bearish price action once price breakdown occurs.
Adausd to head to 0.41 once below 0.414 as the cryptocurrency challenges 0.414 hurdle.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Mar 21
The price shows a descending channel.
In case if price breaks through the resistance, the move could identify that the price to go long.
ADA/USD to maintain its positive tone to the 0.345 level as bulls seeking a new high.
Cardano: Descending Channel
ADA/USD,
4 hours
LONG
Oct 20
We can see that a descending channel occurs and the price demands a further steady move as proof of a breakout.
A descending channel tends to be a reliable pattern that is used to identify a trend change to the upside when price breaks through the resistance.
ADA/USD to push up to the 0.255 level as ADA/USD challenges 0.251 hurdle.
Cardano: Descending Triangle
ADA/USD,
1 day
LONG
Oct 23
There is a descending triangle turning up, the price is about to break out soon.
If price breaks out to the the upside, the resulting move could predict a sharp rise.
There is a chance of a bullish run towards 0.265 on a breach of 0.262 as ADA/USD resumes the upside.
Cardano: Bearish Flag
ADA/USD,
4 hours
SHORT
Apr 10
Cardano: Ascending Channel
ADA/USD,
4 hours
SHORT
Oct 7
There is an ascending channel identified, the price is going to break out soon.
An ascending channel represents a technical bearish price pattern with an upward bias that is used to predict a sharp decline when price breaks below support.
It is possible that a bearish move to 0.82 will form on a downside break as adausd challenges 0.832 hurdle.
Cardano: Descending Channel
ADA/USD,
4 hours
LONG
Mar 1
It seems like a descending channel has been identified, the price calls for more bigger rise for the certainty of breakout.
A descending channel describes an indicator that is used to spot a further move up once price breaks out.
There is a possibility of a bullish price action towards 0.7 on a breakout of the descending channel.
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Cardano · ADA/USD