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Trade Idea: ADA LONG

Opened 2025-09-29 05:25:48 · Valid until 2025-09-30 05:25:48 · Closed 2025-09-29 11:17:01 · Triggered 2025-09-29 08:37:01
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 2.00 Conf 75% Scalp hours
Entry 0.80000000
Stop 0.79000000
TP 0.81000000 / 0.82000000 / 0.83000000
Live 0.63972200
ROI -20.03% (vs entry)

Thesis and checks

The current analysis of Cardano (ADA) indicates a favorable opportunity for a long scalp trade.

  • 5m Chart: A bullish engulfing pattern has formed, suggesting strong buying momentum.
  • 15m Chart: The RSI is approaching the 60 level, indicating upward momentum without being overbought.

Trade ideas are educational. Manage risk and position size.