Trade Idea: ADA SHORT
Opened 2026-04-02 14:11:11 · Valid until 2026-04-03 14:11:11 · Closed 2026-04-03 06:12:02
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
PENDING
RR 1.80
Conf 75%
Scalp
hours
Entry
0.23700000
Stop
0.24100000
Targets
0.23000000 / 0.22600000 / 0.22300000
Live price
0.26442300
Live ROI
-11.57%
vs entry
Idea ID
#10070
Now
Entry
Stop
TP
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Thesis and checks
Cardano (ADA) shows bearish confluence across multiple timeframes suitable for a short scalp trade:
- 5m chart: Price broke below recent support near 0.238 with increasing volume, indicating short-term bearish momentum.
- 15m chart: Bearish RSI divergence and price below the 20 EMA suggest continuation of downtrend.
- 1h chart: Price is below the 50 EMA and recently rejected at resistance near 0.241, confirming short bias.
- Stop placed just above recent resistance at 0.241 to limit risk.
- Targets set near recent support zones at 0.230, 0.226, and 0.223 for a favorable risk-reward ratio above 1.6.
Trade ideas are educational. Manage risk and position size.