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Trade Idea: ADA LONG

Opened 2025-10-02 18:10:51 · Valid until 2025-10-03 18:10:51 · Closed 2025-10-02 19:09:02 · Triggered 2025-10-02 18:34:01
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 0.86700000
Stop 0.86200000
TP 0.87200000 / 0.87700000 / 0.88200000
Live 0.64006700
ROI -26.17% (vs entry)

Thesis and checks

The current analysis of Cardano (ADA) indicates a favorable long scalp opportunity based on recent price action and technical indicators.

  • 5m Chart: A bullish engulfing pattern has formed, suggesting a potential reversal and upward momentum.
  • 15m Chart: The RSI is showing a bullish divergence, indicating that the price may continue to rise despite recent pullbacks.

Trade ideas are educational. Manage risk and position size.