It seems like a descending channel is close to being done and the price is ready to break out now.
A descending channel describes a technical bullish formation that can be used to identify that prices move counter to the prevailing price trend in case if price breaks through the resistance.
There is a probability of a bullish push up towards 0.395 as ADA/USD becomes bid.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Jun 16
There is a descending channel happening, the price breaks out now.
A descending channel is said to depict a reliable bullish pattern that has a downward slope that can be used to identify that prices are likely to keep rallying upward once price breaks through the resistance.
ADA/USD pushes higher to the 0.27 level.
Cardano: Pennant
ADA/USD,
1 hour
LONG
Mar 1
It looks like a pennant pops up.
Once price breaks out to the the upside, the resulting move could identify extending an uptrend.
ADA/USD is bullish and en route to the 0.7 level as extra rangebound not ruled out.
Cardano: Bearish Flag
ADA/USD,
1 hour
SHORT
Jul 9
There is a bearish flag spotted.
A bearish flag represents a useful bearish chart pattern with an upward bias that often indicates an upward trend is about to reverse into an downward trend if price breaks below support.
It is possible that a bearish run towards the 0.286 level will occur amid rising bets for the move.
Cardano: Rising Wedge
ADA/USD,
1 hour
SHORT
Jul 4
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
Aug 15
There is a falling wedge noticed and ADA/USD requests a further bigger bullish continuation to confirm falling wedge breakout.
A falling wedge often indicates a countertrend succeeding the current trend if price breaks out.
There is a chance of a bullish continuation to the 0.34 level once above 0.339.
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: Descending Channel
ADA/USD,
1 hour
LONG
May 15
The price forms a descending channel.
A descending channel describes a price formation that often results in a move up when price breaks through the resistance.
It is likely that a move towards the 0.434 level will form on a breach of 0.4335.
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: Descending Channel
ADA/USD,
1 hour
LONG
3 days ago
There is a descending channel happening, the price demands a next move as a verification of a breakout.
A descending channel indicates a move up once price breaks out to the the upside.
ADA/USD violates bearish trendline to the 0.77 zone.
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Cardano · ADA/USD