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Trade Idea: ADA LONG

Opened 2025-09-29 14:05:48 · Valid until 2025-09-30 14:05:48 · Closed 2025-09-29 15:31:01 · Triggered 2025-09-29 14:20:03
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 2.33 Conf 75% Scalp hours
Entry 0.81000000
Stop 0.80300000
TP 0.82000000 / 0.82500000 / 0.83000000
Live 0.64006700
ROI -20.98% (vs entry)

Thesis and checks

Current analysis of Cardano (ADA) indicates a bullish momentum supported by recent price action.

  • 5m Chart: A bullish engulfing pattern has formed, suggesting strong buying pressure.
  • 15m Chart: The RSI is above 50 and trending upwards, indicating continued momentum.

Trade ideas are educational. Manage risk and position size.