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Trade Idea: ADA LONG

Opened 2026-04-02 01:21:04 · Valid until 2026-04-03 01:21:04 · Closed 2026-04-02 02:31:01
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
LONG PENDING RR 1.80 Conf 75% Scalp hours
Entry
0.24770000
Stop
0.24400000
Targets
0.25100000 / 0.25350000 / 0.25600000
Live price
0.26169600
Live ROI
5.65% vs entry
Idea ID
#10041
Now Entry Stop TP
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Thesis and checks

Cardano (ADA) shows bullish confluence across multiple timeframes supporting a short-term long scalp.

  • 5m chart: Price recently bounced off a strong support near 0.2440 with bullish engulfing candle and rising RSI indicating momentum shift.
  • 15m chart: MACD histogram turning positive and price above 20 EMA, suggesting short-term upward momentum.
  • 1h chart: Price holding above a key demand zone around 0.2440 with higher lows forming, confirming support strength.
  • Risk-reward ratio is favorable at 1.8 with tight stop below support and multiple profit targets near recent resistance levels.

Trade ideas are educational. Manage risk and position size.