Open:
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Close:
CANAL ASCENDANT
Cardano
ADA/USD
1H
An ascending channel is very close to being finished, the price is ready to break out soon.
Once price breaks out, the resulting move could identify a trend change to the downside.
There is a possibility of a move towards 0.41 as adausd becomes vulnerable.
CANAL ASCENDANT
Cardano
ADA/USD
1H
We can see that an ascending channel is close to being completed.
An ascending channel suggests a price formation that has an upward slope that typically signals an extension in the downward direction once price breaks out.
Adausd points to the downside to the 0.415 level on a breach of 0.418 as the cryptocurrency becomes capped.
CANAL ASCENDANT
Cardano
ADA/USD
1H
An ascending channel is noticed and adausd lacks a further strong move as a verification of a breakout.
An ascending channel provides a compelling bearish price action pattern that is angled up that can be used to indicate a bearish price action once price breaks through the support.
Adausd to move downward to 0.415 as bears looking for profit.
RECTANGLE
Cardano
ADA/USD
1H
As we can see a rectangle turns up and the price breaks out.
A rectangle describes a pattern that results in a move up once price breaks above resistance.
Adausd to continue higher to the 0.42 zone.
CANAL DESCENDANT
Cardano
ADA/USD
4H
As we can see adausd shapes a descending channel and adausd requests a more strong move as an indication of a breakout.
In case if price breaks above resistance, the resulting move could identify that the price to go long.
Adausd looks ready to further extend its gains to 0.45.
CANAL ASCENDANT
Cardano
ADA/USD
1H
It seems like an ascending channel is close to being complete.
If price breaks below support, the move could indicate a bearish move.
There is a possibility of a bearish run towards 0.405 as upside pressure seen easing.
DRAPEAU BAISSIER
Cardano
ADA/USD
1H
It looks like adausd builds a bearish flag.
A bearish flag indicates the more likely potential of falling prices if price breaks out.
Adausd to turn bearish towards 0.41.
CANAL DESCENDANT
Cardano
ADA/USD
4H
There is a descending channel diagnosed, the price demands a strong move to confirm a breakout.
A descending channel is believed to be a bullish formation that is used to predict a tendency to break in the opposite direction when price breaks out to the the upside.
A further rangebound towards 0.42 is about to happen as indicators turn bullish.
TRIANGLE ASCENDANT
Cardano
ADA/USD
1H
There is an ascending triangle uncovered, the price lacks a strong move as an information of a breakout.
An ascending triangle identifies a useful indicator that results in a temporary interruption during a rising market once price collapses through the support line.
Adausd to resume its downfall to the 0.405 zone once below 0.411.
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