There is a descending channel poping up and the price is close to breaking out now.
Once price breaks through the resistance, the move could indicate the more likely potential of rising prices.
It is not ruled out that a bullish push up to 0.72 will take place.
Cardano: Rectangle
ADA/USD,
1 heure
SHORT
Mar 19
A rectangle comes out and the price calls for a more active move as an indication of a breakout.
A rectangle results in a move down if price collapses through the support line.
It is likely that a rangebound to 0.63 will occur.
Cardano: Fanion
ADA/USD,
1 heure
LONG
Nov 14
There is a pennant coming out and ADA/USD wants a next bigger move as an indication of a breakout.
A pennant is said to depict a useful bullish price signal that is used to signal the bears have run out of steam if price breaks above resistance.
It is likely that a rangebound to 0.58 will form.
Cardano: Triangle Ascendant
ADA/USD,
1 heure
LONG
Mar 4
There is an ascending triangle diagnosed.
If price breaks out, the resulting move could predict the bears have run out of steam.
A bullish push up towards 0.75 stays on the cards on a breakout of the ascending triangle as the mood may improve.
Cardano: Canal Descendant
ADA/USD,
1 heure
LONG
Fév 10
A descending channel is spotted and the price breaks out now.
If price breaks out to the the upside, the resulting move could identify a break during a downtrending market.
There is a probability of a bullish price action to the 0.72 zone on a breakout of the descending channel as the cryptocurrency becomes bullish.
Cardano: Canal Descendant
ADA/USD,
1 heure
LONG
Mar 24
A descending channel has been spotted.
Once price breaks through the resistance, the resulting move could indicate that the price to go long.
ADA/USD turns bullish to the 0.715 level as weakness seen overdone.
Cardano: Rectangle
ADA/USD,
1 heure
SHORT
Aoû 21
There is a rectangle appearing.
A rectangle describes a compelling price action signal that typically results in extending an downtrend when price breakdown occurs.
It is not ruled out that a move to the 0.264 mark will take place on a breakout of the rectangle as outlook for ADA/USD stays negative.
Cardano: Triangle Descendant
ADA/USD,
1 heure
LONG
Mai 26
ADA/USD shapes a descending triangle, the price needs an active move as a sign of a breakout.
A descending triangle predicts that the price will rally further in case if price breaks out.
ADA/USD challenges a move to 0.462 on a breakout of the descending triangle as ADA/USD probes 0.461 hurdle.
Cardano: Triangle Ascendant
ADA/USD,
1 heure
SHORT
Aoû 11
It seems like an ascending triangle has been uncovered.
An ascending triangle often results in that the price to go short if price breaks below support.
It is possible that a bearish run to the 0.344 level will form.
Cardano: Triangle Descendant
ADA/USD,
1 heure
SHORT
Mai 19
There is a descending triangle coming out and ADA/USD calls for a further strong bearish move as an indication of a breakout.
A descending triangle results in prices are likely to keep falling downward if price collapses through the support line.
There is a chance of corrective downside to 0.474 on a breach of 0.476 as there is a chance of further weakness.
Cardano: Rectangle Baissier
ADA/USD,
1 heure
SHORT
Sep 25
It looks like a bearish rectangle has been discovered and the price is going to break out.
If price breaks through the support, the move could signal an extension in the downward direction.
A move towards 0.79 is about to happen as there is room for a downside correction.
Cardano: Drapeau baissier
ADA/USD,
1 heure
SHORT
Oct 7
A bearish flag appears.
A bearish flag denotes a compelling signal that typically predicts that the price to go down in case if price collapses through the support line.
Adausd risks suffer setback towards the 0.86 level as extra rangebound not ruled out.
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