Trade Idea: ADA LONG
Opened 2025-10-04 00:35:47 · Valid until 2025-10-05 00:35:47 · Closed 2025-10-04 01:59:01
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 PENDING RR 2.50 Conf 75% Scalp hours
Entry 0.86700000
Stop 0.86200000
TP
0.87200000 / 0.87500000 / 0.87800000
Live 0.63898400
ROI
-26.30%
(vs entry)
Thesis and checks
The current analysis of Cardano (ADA) indicates a potential long scalp opportunity based on recent price action and technical indicators.
- 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: The price has bounced off a key support level around $0.862, which aligns with a Fibonacci retracement level, suggesting a strong buying interest at this level.
Trade ideas are educational. Manage risk and position size.