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Trade Idea: ADA LONG

Opened 2025-10-08 06:55:45 · Valid until 2025-10-09 06:55:45 · Closed 2025-10-08 08:43:01 · Triggered 2025-10-08 07:03:01
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 2.00 Conf 75% Scalp hours
Entry 0.81500000
Stop 0.81000000
TP 0.82000000 / 0.82500000 / 0.83000000
Live 0.63917500
ROI -21.57% (vs entry)

Thesis and checks

The current analysis of Cardano (ADA) indicates a potential long scalp opportunity.

  • The 5m chart shows a bullish divergence with the RSI, suggesting a potential reversal from the recent downtrend.
  • The 15m chart has formed a double bottom pattern near the current price, reinforcing the likelihood of a short-term upward movement.

Trade ideas are educational. Manage risk and position size.