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.
Cardano: Bullish Flag
ADA/USD,
1 hour
LONG
Jul 10
It seems like a bullish flag is close to being complete and ADA/USD wants more rise to confirm bullish flag breakout.
A bullish flag is believed to be a compelling signal that can be used to predict that the price to go up when price breaks through the resistance.
It is not ruled out that a further bullish push up to the 0.286 level will be made while above 0.285 as ADA/USD resumes the upside.
Cardano: Bearish Flag
ADA/USD,
4 hours
SHORT
May 1
A bearish flag is almost completed.
When price collapses through the support line, the move could identify an upward trend is about to reverse into an downward trend.
A further move to 0.38 is going to happen while lower than 0.388.
Cardano: Rising Wedge
ADA/USD,
4 hours
SHORT
Jul 22
A rising wedge is nearing completion, the price requires a steady move as an information of a breakdown.
A rising wedge tends to be a specific signal that signals an upward trend is nearing its end if price breaks out to the the downside.
ADA/USD to suffer further downside to 0.31 as bears looking for downside correction.
Cardano: Rectangle
ADA/USD,
1 hour
SHORT
Jun 28
A rectangle is close to completion.
A rectangle describes a useful price pattern that is used to predict a move down once price breaks through the support.
There is a possibility of a rangebound towards 0.276 once below 0.278.
Cardano: Falling Wedge
ADA/USD,
1 hour
LONG
Apr 2
A falling wedge emerges.
A falling wedge provides a useful price action pattern that is used to signal a bullish move in case if price breaks above resistance.
A rangebound towards 0.385 is on the way as the mood may improve.
Cardano: Pennant
ADA/USD,
1 hour
SHORT
May 5
A pennant is distinguished and the price breaks out.
If price breaks below support, the resulting move could predict a further move down.
It is not ruled out that a move towards 0.386 will happen.
Cardano: Rising Wedge
ADA/USD,
1 hour
SHORT
Jan 21
There is a rising wedge recognized and the price is about to break out now.
A rising wedge can be thought of as a specific price indicator that is used to spot a temporary interruption during a rising market when price collapses through the support line.
It is not ruled out that extra downside to 0.516 will take place on a breakout of the rising wedge.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Sep 11
We can see that a descending channel has been revealed.
A descending channel provides a compelling chart pattern that can be used to signal a next move up if price breaks through the resistance.
There is a possibility of a move to 0.25 as ADA/USD becomes bid.
Cardano: Rectangle
ADA/USD,
4 hours
SHORT
Aug 1
A rectangle is very close to being completed and ADA/USD lacks a further bigger move as a verification of a breakout.
A rectangle often identifies that the price to go short when price breaks down.
ADA/USD could extend its slump to 0.304 on a breakout of the rectangle.
Cardano: Rectangle
ADA/USD,
1 hour
LONG
Nov 5
We can see that a rectangle turns up.
A rectangle often spots a next move up in case if price breaks out.
There is a probability of a bullish price action to 0.33 once above 0.3295.
Cardano: Rising Wedge
ADA/USD,
1 hour
SHORT
Dec 26
We can see that a rising wedge is very close to being completed and the price is breaking out.
A rising wedge provides a price pattern that spots a next move down if price breaks through the support.
ADA/USD accelerates losses towards the 0.61 zone.
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Cardano · ADA/USD