ADA/USD shapes a descending triangle, the price needs an active move as a sign of a breakout.
A descending triangle predicts that the price will rally further in case if price breaks out.
ADA/USD challenges a move to 0.462 on a breakout of the descending triangle as ADA/USD probes 0.461 hurdle.
Cardano: Ascending Triangle
ADA/USD,
1 hour
SHORT
Aug 11
It seems like an ascending triangle has been uncovered.
An ascending triangle often results in that the price to go short if price breaks below support.
It is possible that a bearish run to the 0.344 level will form.
Cardano: Descending Triangle
ADA/USD,
1 hour
SHORT
May 19
There is a descending triangle coming out and ADA/USD calls for a further strong bearish move as an indication of a breakout.
A descending triangle results in prices are likely to keep falling downward if price collapses through the support line.
There is a chance of corrective downside to 0.474 on a breach of 0.476 as there is a chance of further weakness.
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: Descending Triangle
ADA/USD,
1 hour
LONG
Oct 20
The price shows a descending triangle, the price is about to break out now.
A descending triangle depicts a specific signal that is used to predict that the price will rally further once price breaks out to the the upside.
It is likely that a bullish move towards the 0.352 mark will take place as weakness seen overdone.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Aug 11
It looks like ADA/USD establishes an ascending channel and the price requests a steady move as an indication of a breakout.
If price breaks below support, the move could indicate the more likely potential of falling prices.
There is a probability of a move to 0.346 on a breakout of the ascending channel as bears seeking a new low.
Cardano: Bearish Flag
ADA/USD,
1 hour
SHORT
Jun 11
It seems like a bearish flag is recognized, ADA/USD expects a bigger correction to confirm bearish flag breakdown.
A bearish flag tends to be a bearish chart signal that results in a sharp decline when price breaks out to the the downside.
ADA/USD does not rule out a move to 0.435 as upside pressure alleviates.
Cardano: Descending Triangle
ADA/USD,
1 hour
SHORT
Jun 26
We can see that a descending triangle has been determined, the price is breaking out.
A descending triangle typically spots a further move down if price collapses through the support line.
ADA/USD looks for a setback to 0.386.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.