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Trade Idea: ADA LONG

Opened 2025-10-02 22:36:02 · Valid until 2025-10-03 22:36:02 · Closed 2025-10-03 07:33:02
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 PENDING RR 2.00 Conf 75% Scalp hours
Entry 0.87200000
Stop 0.86400000
TP 0.87800000 / 0.88400000 / 0.89000000
Live 0.64006700
ROI -26.60% (vs entry)

Thesis and checks

Based on the current analysis of Cardano (ADA), a long scalp trade is recommended due to the following signals:

  • 5m Chart: A bullish engulfing pattern has formed, indicating strong buying pressure.
  • 15m Chart: The RSI is showing a bullish divergence, suggesting potential upward momentum.

Trade ideas are educational. Manage risk and position size.