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Trade Idea: ADA LONG

Opened 2025-09-30 23:35:55 · Valid until 2025-10-01 23:35:55 · Closed 2025-10-01 00:44:02 · Triggered 2025-10-01 00:01:01
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 2.50 Conf 75% Scalp hours
Entry 0.80700000
Stop 0.80200000
TP 0.81200000 / 0.81600000 / 0.82000000
Live 0.63888700
ROI -20.83% (vs entry)

Thesis and checks

Considering the current price action of Cardano (ADA), a long scalp trade is recommended based on the following analysis:

  • 5m Chart: A bullish divergence is forming as the price makes lower lows while the RSI shows higher lows, indicating potential upward momentum.
  • 15m Chart: A recent bullish engulfing candle suggests a reversal from the recent downtrend, providing a strong signal to enter a long position.

Trade ideas are educational. Manage risk and position size.