Trade Idea: ADA LONG
Opened 2026-04-15 19:35:59 · Valid until 2026-04-16 19:35:59 · Triggered 2026-04-15 19:37:00 · Closed 2026-04-15 19:47:01
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
0.24700000
Stop
0.24300000
Targets
0.25000000 / 0.25300000 / 0.25600000
Live price
0.24529600
Live ROI
-0.69%
vs entry
Idea ID
#10602
Now
Entry
Stop
TP
Loading chart...
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 $0.243 with a bullish engulfing candle, indicating immediate buying interest.
- 15m chart: RSI is rising from oversold territory and MACD just crossed bullish, confirming upward momentum.
- 1h chart: Price is above the 20 EMA and forming higher lows, suggesting a short-term uptrend continuation.
- Current price near $0.247 offers a good entry with tight stop below $0.243 support, targeting near resistance levels at $0.250, $0.253, and $0.256 for a favorable risk-reward ratio above 1.6.
Trade ideas are educational. Manage risk and position size.