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Trade Idea: ADA SHORT

Opened 2025-10-03 20:15:47 · Valid until 2025-10-04 20:15:47 · Closed 2025-10-04 01:17:01 · Triggered 2025-10-04 00:35:03
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.
SHORT CLOSED RR 2.50 Conf 75% Scalp hours
Entry 0.86500000
Stop 0.87000000
TP 0.86000000 / 0.85500000 / 0.85000000
Live 0.64006700
ROI 26.00% (vs entry)

Thesis and checks

Currently, Cardano (ADA) shows potential for a short scalp trade based on recent price action and technical indicators.

  • The 5-minute chart indicates a bearish divergence with decreasing volume, suggesting a potential reversal from the current price level.
  • The 15-minute chart has formed a resistance zone around $0.870, where price has previously struggled to break above, reinforcing the short opportunity.

Trade ideas are educational. Manage risk and position size.