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Trade Idea: ADA LONG

Opened 2025-10-08 16:25:55 · Valid until 2025-10-09 16:25:55 · Closed 2025-10-08 17:17:01 · Triggered 2025-10-08 16:55:02
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 CLOSED RR 2.50 Conf 75% Scalp hours
Entry 0.82500000
Stop 0.81800000
TP 0.83000000 / 0.83500000 / 0.84000000
Live 0.63898400
ROI -22.55% (vs entry)

Thesis and checks

The analysis indicates a favorable long position for Cardano (ADA) based on recent price action and technical indicators.

  • 5m Chart: A bullish divergence is forming with the RSI, suggesting potential upward momentum.
  • 15m Chart: The price has bounced off a key support level around $0.820, indicating buying interest at this level.

Trade ideas are educational. Manage risk and position size.