Trade Idea: ADA SHORT

Opened 2026-04-02 04:36:00 · Valid until 2026-04-03 04:36:00 · Triggered 2026-04-02 04:36:02

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.

SHORT LIVE RR 1.70 Conf 75% Scalp hours

Entry

0.23800000

Stop

0.24100000

Targets

0.23400000 / 0.23100000 / 0.22900000

Live price

0.23530300

Live ROI

1.13% vs entry

Idea ID

#10058

Now Entry Stop TP

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Thesis and checks

Cardano (ADA) shows a short scalp opportunity based on multi-timeframe analysis:

5m chart: Price is below the 20 EMA with bearish momentum increasing, indicating short-term selling pressure.
15m chart: A bearish engulfing candle formed near resistance, confirming rejection and potential continuation downwards.
1h chart: Price is trending down with lower highs and lower lows, supporting the short bias.
Risk-reward ratio is above 1.6 with tight stop loss just above recent resistance and targets near recent support levels close to current price.

Trade ideas are educational. Manage risk and position size.