There is an ascending channel distinguished and the price is about to break out now.
An ascending channel typically spots a bearish price action if price breakdown occurs.
There is a possibility of extra downside to the 1.1 mark on a breach of 1.12 as bearish momentum increases.
Cardano: Rectangle
ADA/USD,
1 hour
SHORT
Dec 8
A rectangle is exposed.
A rectangle identifies a useful chart indicator that spots prices are likely to keep falling downward if price collapses through the support line.
ADA/USD is bearish and en route to the 1.17 zone once below 1.178 as there is a chance for a downside correction.
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: 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: Ascending Channel
ADA/USD,
1 hour
SHORT
3 days ago
There is an ascending channel identified, the price is going to break out soon.
An ascending channel provides a technical price action formation that signals a sharp decline in case if price breaks below support.
ADA/USD risks extending drop to 0.66 while lower than 0.664.
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,
4 hours
SHORT
Mar 26
It seems like an ascending channel occurs and the price expects a strong correction as a signal of a breakdown.
An ascending channel spots a sharp decline in case if price collapses through the support line.
ADA/USD risks further downside to 0.72 on a downside break.
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: Descending Channel
ADA/USD,
1 hour
LONG
Feb 10
A descending channel pops up, the price is close to breaking out now.
In case if price breaks out, the resulting move could predict a trend change to the upside.
There is a probability of a bullish move towards 0.71 once above 0.705.
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: Ascending Channel
ADA/USD,
1 hour
SHORT
Dec 29
The price gives an ascending channel and ADA/USD asks for bigger fall as an information of a breakdown.
An ascending channel is a reliable price action formation that can be used to indicate a countertrend succeeding the current trend when price breaks below support.
ADA/USD turns lower to the 0.87 level.
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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Cardano · ADA/USD