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Trade Idea: ADA LONG

Opened 2025-10-02 10:35:49 · Valid until 2025-10-03 10:35:49 · Closed 2025-10-02 18:09:01 · Triggered 2025-10-02 16:11:01
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 0.85500000
Stop 0.84500000
TP 0.86500000 / 0.87500000 / 0.88000000
Live 0.63984000
ROI -25.16% (vs entry)

Thesis and checks

The analysis of Cardano (ADA) indicates a favorable long scalp opportunity based on the following signals:

  • 5m Chart: A bullish engulfing pattern has formed, suggesting a strong buying momentum.
  • 15m Chart: The RSI is approaching the oversold territory, indicating potential upward price movement.

Trade ideas are educational. Manage risk and position size.