A descending channel comes out and the price calls for a further strong bullish continuation as an indication of a breakout.
In case if price breaks out, the move could identify that the price to go up.
ADA/USD to peak to 0.31 on a breakout of the descending channel.
Cardano: Ascending Triangle
ADA/USD,
1 hour
LONG
May 27
An ascending triangle occurs and the price asks for an active move for the certainty of breakout.
An ascending triangle typically indicates extending an uptrend when price breaks out.
ADA/USD is bullish and en route to 0.368.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Sep 24
An ascending channel pops up, ADA/USD needs a more bigger move for clear breakdown confirmation.
An ascending channel typically spots that the price to go down once price collapses through the support line.
ADA/USD to nosedive to 0.244 on a breakout of the ascending channel.
Cardano: Rising Wedge
ADA/USD,
4 hours
SHORT
Jul 31
There is a rising wedge exposed.
A rising wedge signals that the price to go short if price collapses through the support line.
A bearish push down towards 0.305 looks probable.
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: Rectangle
ADA/USD,
1 hour
SHORT
Dec 11
There is a rectangle arising, the price demands a further strong impulse down to confirm rectangle breakdown.
A rectangle is a compelling price action formation that is used to spot a move down in case if price breaks out to the the downside.
Decline to 0.56 is going to happen on a downside break.
Cardano: Ascending Channel
ADA/USD,
1 hour
SHORT
Sep 20
There is an ascending channel emerging and the price calls for a move as proof of a breakout.
When price breaks below support, the move could spot a bearish move.
It is not ruled out that extra downside towards the 0.25 level will occur.
Cardano: Descending Channel
ADA/USD,
1 hour
LONG
Apr 27
It looks like a descending channel happens.
A descending channel represents an indicator that often signals a bullish price move once price breaks out.
It is likely that a rangebound towards 0.465 will form on a breakout of the descending channel as ADA/USD sticks to the positive mood.
Cardano: Descending Triangle
ADA/USD,
4 hours
LONG
Dec 25
There is a descending triangle encountered and the price lacks a bigger bullish continuation as an information of a breakout.
A descending triangle suggests a compelling price formation that is used to indicate that the price to go up if price breaks above resistance.
ADA/USD now looks towards the 0.62 mark.
Cardano: Rectangle
ADA/USD,
1 hour
SHORT
Apr 19
There is a rectangle forming, the price is close to breaking out.
A rectangle is a technical bearish price action pattern that often indicates a next move down in case if price collapses through the support line.
ADA/USD to extend the correction lower towards the 0.425 mark.
Cardano: Rising Wedge
ADA/USD,
4 hours
SHORT
Apr 23
There is a rising wedge turning up and ADA/USD wants a further bearish action to confirm rising wedge breakout.
A rising wedge is considered to be a reliable bearish formation that is used to signal a pause in an uptrending market when price breaks down.
There is a probability of a bearish run to the 0.5 zone.
Cardano: Ascending Triangle
ADA/USD,
4 hours
SHORT
Apr 1
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Cardano · ADA/USD