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Trade Idea: ADA LONG

Opened 2026-04-13 22:21:03 · Valid until 2026-04-14 22:21:03 · Triggered 2026-04-13 22:23:01 · Closed 2026-04-13 22:58:02
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.
LONG CLOSED RR 1.80 Conf 75% Scalp hours
Entry
0.24410000
Stop
0.24100000
Targets
0.24750000 / 0.25000000 / 0.25250000
Live price
0.26356800
Live ROI
7.98% vs entry
Idea ID
#10509
Now Entry Stop TP
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Thesis and checks

Cardano (ADA) shows a bullish confluence across multiple timeframes supporting a short-term long scalp trade.

  • 5m chart: Price recently bounced off a strong support level near $0.2410 with a bullish engulfing candle, indicating immediate buying interest.
  • 15m chart: RSI is rising from oversold territory and MACD lines have crossed bullishly, suggesting upward momentum building.
  • 1h chart: Price is above the 20 EMA and 50 EMA with a confirmed higher low, reinforcing short-term trend strength.
  • Stop loss placed just below recent support at $0.2410 to limit risk.
  • Targets set near recent resistance levels at $0.2475, $0.2500, and $0.2525 provide a favorable risk-reward ratio above 1.6.

Trade ideas are educational. Manage risk and position size.