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Cardano · ADA/USD

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Cardano: Triangle Descendant

ADA/USD, 4 heures    LONG Oct 20
We can see that adausd shows a descending triangle, the price requests a more move as a sign of a breakout. A descending triangle represents a specific signal that often results in the more likely potential of rising prices if price breaks out to the the upside. Adausd to strengthen to the 0.68 mark on a breakout of the descending triangle as weakness seen overdone.

Cardano: Rectangle Baissier

ADA/USD, 1 jour    SHORT Jui 12
We can see that a bearish rectangle develops and the price is close to breaking out. A bearish rectangle suggests a useful price action indicator that typically indicates extending an downtrend if price breakdown occurs. There is a chance of a further move to 0.4 on a breakout of the bearish rectangle.

Cardano: Drapeau haussier

ADA/USD, 1 heure    LONG Jan 10
As we can see a bullish flag has been diagnosed. A bullish flag represents a reliable bullish price pattern that typically results in a next move up if price breaks out. A bullish move to the 0.52 zone is likely.

Cardano: Drapeau haussier

ADA/USD, 1 heure    LONG Jui 7
We can see that the price develops a bullish flag. A bullish flag often identifies a change in price direction once price breaks through the resistance. ADA/USD looks ready to further extend its gains to the 0.462 level on a breakout of the bullish flag as indicators favor bulls.

Cardano: Canal Descendant

ADA/USD, 1 heure    LONG Mar 12
There is a descending channel detected, the price lacks a bit more consolidation as a verification of a breakout. In case if price breaks out, the resulting move could spot a bullish price move. ADA/USD is bullish and en route towards the 0.31 mark.

Cardano: Canal Descendant

ADA/USD, 1 heure    LONG Jui 19
ADA/USD shows a descending channel, the price lacks a bit more consolidation to confirm descending channel breakout. A descending channel is considered to be a bullish price pattern that can be used to spot reversals in downtrends once price breaks above resistance. ADA/USD to jump towards 0.264.

Cardano: Rectangle

ADA/USD, 1 heure    SHORT Avr 30
A rectangle emerges and the price is about to break out soon. A rectangle denotes a specific bearish price formation that can be used to indicate a sharp decline once price breaks through the support. A rangebound towards the 0.395 mark stays on the cards on a breakout of the rectangle.

Cardano: Canal Ascendant

ADA/USD, 4 heures    SHORT Jui 5
An ascending channel occurs and the price is going to break out now. In case if price collapses through the support line, the resulting move could spot a bearish price action. There is a chance of decline to 0.365 on a breakdown of the ascending channel as ADA/USD is at a brink of a bearish breakout.

Cardano: Biseau Ascendant

ADA/USD, 4 heures    SHORT Jui 5
There is a rising wedge spotted, the price is ready to break out. A rising wedge typically results in a bearish price move once price breaks through the support. ADA/USD risks a correction to the 0.375 level as upside pressure alleviates.

Cardano: Rectangle

ADA/USD, 1 heure    LONG Déc 21
There is a rectangle uncovered, ADA/USD requires a more impulse up as an information of a breakout. A rectangle is believed to be a compelling price signal that is used to signal that the price to go long when price breaks above resistance. ADA/USD to head to 0.62 on a breakout of the rectangle as downside pressure mitigates.

Cardano: Drapeau baissier

ADA/USD, 1 heure    SHORT Jan 26
There is a bearish flag spotted. A bearish flag signals reversals in uptrends once price collapses through the support line. A move to the 0.98 mark is going to happen on a break below 0.982.

Cardano: Canal Ascendant

ADA/USD, 4 heures    SHORT Jan 1
The price creates an ascending channel and the price calls for an active move as a clue of a breakdown. In case if price breaks below support, the resulting move could signal a countertrend succeeding the current trend. ADA/USD challenges a move towards the 0.58 level while below 0.595.
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