Trade Idea: ADA LONG
Opened 2026-04-02 02:36:05 · Valid until 2026-04-03 02:36:05 · Triggered 2026-04-02 02:43:01 · Closed 2026-04-02 04:33:01
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
CLOSED
RR 1.80
Conf 75%
Scalp
hours
Entry
0.24045000
Stop
0.23700000
Targets
0.24350000 / 0.24600000 / 0.24850000
Live price
0.25029700
Live ROI
4.10%
vs entry
Idea ID
#10052
Now
Entry
Stop
TP
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Thesis and checks
Cardano (ADA) shows a short-term bullish confluence across multiple timeframes supporting a scalp long trade:
- 5m chart: Price has bounced off a strong support level near 0.237 with a bullish engulfing candle, indicating immediate buying interest.
- 15m chart: RSI is recovering from oversold territory and MACD shows a bullish crossover, signaling momentum shift upward.
- 1h chart: Price is holding above a key moving average (20 EMA) and forming higher lows, confirming short-term uptrend.
- The 24h change is slightly negative (-0.66%), suggesting a potential rebound rather than strong downtrend continuation.
- Targets are set near recent minor resistance levels close to current price to ensure quick scalp exit with a favorable risk-reward ratio above 1.6.
Trade ideas are educational. Manage risk and position size.