As we can see ADA/USD establishes a descending channel, ADA/USD expects a steady bullish action as proof of a breakout.
When price breaks out, the move could spot a bullish price move.
A move towards the 0.252 level about to be made on a breakout of the descending channel as the cryptocurrency sticks to the positive mood.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Sep 6
We can see that ADA/USD sets up an ascending channel.
An ascending channel often spots a sharp decline in case if price collapses through the support line.
A bearish move towards the 0.256 mark is on the cards once below 0.2572.
Cardano: Symmetrical Triangle
ADA/USD,
4 hours
SHORT
Apr 19
We can see that a symmetrical triangle is almost completed, ADA/USD requests a strong move as evidence of a breakdown.
When price breaks down, the resulting move could identify the bulls have run out of steam.
ADA/USD opens door for a move towards 0.43.
Cardano: Rectangle
ADA/USD,
1 hour
LONG
May 14
A rectangle is close to being completed.
A rectangle suggests a compelling bullish signal that typically predicts a sharp rise when price breaks through the resistance.
There is a probability of a bullish continuation to 0.37 as ADA/USD becomes bullish.
Cardano: Bullish Flag
ADA/USD,
4 hours
LONG
3 days ago
There is a bullish flag poping up and the price is close to breaking out soon.
A bullish flag is believed to be a useful bullish price indicator that results in a pause in a downtrending market in case if price breaks out.
ADA/USD advances higher towards the 0.46 level as there is room for a upside correction.
Cardano: Pennant
ADA/USD,
1 hour
LONG
Jun 16
ADA/USD sets up a pennant, the price needs active rise as an information of a breakout.
A pennant tends to be a bullish price signal that can be used to predict the bears have run out of steam if price breaks above resistance.
It is likely that a further bullish continuation towards 0.266 will occur while above 0.264 as uptrend may continue.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Mar 31
There is a descending channel diagnosed, the price wants a bullish move as evidence of a breakout.
A descending channel describes a compelling bullish formation that typically predicts a bullish price move in case if price breaks above resistance.
A rangebound towards 0.385 is going to happen once above 0.379.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Jul 24
As we can see an ascending channel happens, ADA/USD demands a more strong move to confirm a breakout.
An ascending channel can be thought of as a formation that has an upward slope that is used to identify a potential bearish reversal in price action in case if price breaks out to the the downside.
It is likely that a bearish run towards 0.312 will be made.
Cardano: Bearish Flag
ADA/USD,
4 hours
SHORT
Apr 30
A bearish flag occurs and the price is breaking out.
When price breaks out, the resulting move could spot a bearish move.
Extra downside to the 0.39 zone is going to happen on a breach of 0.398 as ADA/USD challenges 0.398 hurdle.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Apr 28
As we can see ADA/USD composes an ascending channel and ADA/USD calls for a more strong correction as a clue of a breakout.
An ascending channel identifies a specific formation that spots a bearish price move in case if price breaks below support.
It is not ruled out that a bearish continuation to 0.465 will occur.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Mar 28
There is a descending channel found, ADA/USD asks for an active bullish move as an indication of a breakout.
A descending channel denotes a useful price formation that has a downward slope that is used to identify extending an uptrend when price breaks out.
ADA/USD to surge considerably towards 0.355.
Cardano: Falling Wedge
ADA/USD,
1 hour
LONG
Feb 17
As we can see a falling wedge has been determined.
A falling wedge suggests a reliable bullish chart signal that spots a bullish price action once price breaks through the resistance.
A bullish push up towards 0.595 looks possible as uptrend may continue.
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Cardano · ADA/USD