Trade Idea: ADA SHORT
Opened 2025-10-11 01:00:49 · Valid until 2025-10-12 01:00:49 · Closed 2025-10-11 01:27:01 · Triggered 2025-10-11 01:03:02
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.
SHORT CLOSED
RR 1.75 Conf 75% Scalp hours
Entry 0.65000000
Stop 0.66000000
TP
0.64000000 / 0.63000000 / 0.62000000
Live 0.63975400
ROI
1.58%
(vs entry)
Thesis and checks
Current market conditions indicate a strong bearish trend for Cardano (ADA) following a significant 24h decline.
- The 5m chart shows a bearish engulfing pattern, suggesting immediate selling pressure.
- The 15m RSI is in the overbought territory, indicating potential for a price correction.
Trade ideas are educational. Manage risk and position size.