Trade Idea: ADA SHORT
Opened 2025-10-05 00:15:51 · Valid until 2025-10-06 00:15:51 · Closed 2025-10-05 02:58:01
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.
SHORT PENDING RR 2.00 Conf 75% Scalp hours
Entry 0.83500000
Stop 0.84500000
TP
0.82500000 / 0.82000000 / 0.81500000
Live 0.63983500
ROI
23.37%
(vs entry)
Thesis and checks
Analyzing the current market conditions for Cardano (ADA), a short scalp trade is recommended based on the following signals:
- 5m Chart: A bearish divergence has formed, indicating potential downward momentum as the price fails to make higher highs while the RSI shows lower highs.
- 15m Chart: The price has broken below a key support level at $0.840, which historically has acted as a resistance zone, suggesting further downside potential.
Trade ideas are educational. Manage risk and position size.