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Trade Idea: ADA LONG

Opened 2026-04-04 01:06:01 · Valid until 2026-04-05 01:06:01 · Triggered 2026-04-04 03:14:02 · Closed 2026-04-04 19:13:01
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
0.24530000
Stop
0.24200000
Targets
0.24800000 / 0.25050000 / 0.25300000
Live price
0.24890300
Live ROI
1.47% vs entry
Idea ID
#10105
Now Entry Stop TP
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Thesis and checks

Cardano (ADA) shows a favorable setup for a short-term long scalp based on multi-timeframe analysis.

  • 5m chart: Price is in a strong uptrend with a recent bullish engulfing candle near support at $0.2445, indicating buying interest.
  • 15m chart: RSI is rising from oversold levels and price is holding above a key moving average, confirming momentum continuation.
  • 1h chart: Price broke above a short-term resistance zone around $0.2450 with volume increase, suggesting further upside potential.
  • Stop loss is set just below recent support at $0.2420 to limit risk.
  • Take profit targets are placed near minor resistance levels close to current price to ensure achievable exits within hours.

Trade ideas are educational. Manage risk and position size.