As we can see ADA/USD shapes a rising wedge, ADA/USD wants a strong move as an information of a breakout.
A rising wedge depicts a compelling bearish price action signal that signals that the price to go short once price breaks below support.
ADA/USD to move downward to the 0.29 zone as ADA/USD probes 0.295 hurdle.
Cardano: Falling Wedge
ADA/USD,
1 hour
LONG
Feb 25
There is a falling wedge appearing.
A falling wedge indicates a bullish move in case if price breaks out to the the upside.
There is a probability of a further bullish run towards 0.595.
Cardano: Bullish Flag
ADA/USD,
1 hour
LONG
Feb 28
A bullish flag is encountered.
A bullish flag is believed to be a signal that typically signals a bullish move when price breaks above resistance.
ADA/USD turns higher towards 0.63.
Cardano: Ascending Channel
ADA/USD,
1 day
SHORT
Mar 20
An ascending channel has been diagnosed, ADA/USD needs a further strong bearish impulse to confirm a breakdown.
An ascending channel identifies a compelling bearish formation that is used to spot a bearish move when price collapses through the support line.
A bearish move towards 0.6 is on the way as indicators turn bearish.
Cardano: Rectangle
ADA/USD,
4 hours
SHORT
May 21
There is a rectangle discovered.
If price breaks below support, the resulting move could spot prices are likely to keep falling downward.
A bearish move to 0.36 looks possible on a breach of 0.364.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Mar 10
There is an ascending channel revealed, the price requires fall as proof of a breakout.
If price breakdown occurs, the resulting move could signal a bearish price move.
There is a chance of decline towards the 0.725 mark on a breach of 0.731 as there is room for a downside correction.
Cardano: Pennant
ADA/USD,
1 hour
SHORT
Oct 12
A pennant appears, ADA/USD calls for a bearish continuation for clear breakout confirmation.
A pennant denotes a useful price action signal that is used to indicate that the price to go short when price breaks out.
ADA/USD could attempt a move towards 0.245.
Cardano: Bullish Flag
ADA/USD,
1 hour
LONG
Feb 28
Cardano: Descending Channel
ADA/USD,
4 hours
LONG
Jun 18
A descending channel arises and the price is about to break out soon.
In case if price breaks out to the the upside, the move could indicate a move up.
ADA/USD looks north towards 0.27.
Cardano: Falling Wedge
ADA/USD,
1 hour
LONG
Apr 25
It seems like a falling wedge has been discovered, ADA/USD lacks an active bullish impulse for clear breakout confirmation.
A falling wedge represents a technical price pattern that is angled down that often indicates that the price to go long if price breaks above resistance.
It is not ruled out that a bullish continuation towards 0.385 will occur while above 0.381.
Cardano: Rising Wedge
ADA/USD,
1 hour
SHORT
Mar 18
There is a rising wedge exposed and ADA/USD lacks a more bigger move as an indication of a breakdown.
If price breaks out to the the downside, the resulting move could spot a bearish price action.
There is a probability of a bearish run towards 0.67.
Cardano: Bullish Flag
ADA/USD,
1 day
LONG
Jan 30
A bullish flag is very close to being finished.
When price breaks out, the resulting move could predict a pause in a downtrending market.
There is a chance of a move towards the 0.55 zone.
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Cardano · ADA/USD