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Cardano · ADA/USD

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Cardano: Descending Triangle

ADA/USD, 1 hour    LONG May 26
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.
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