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Trade Idea: ADA SHORT

Opened 2025-10-11 12:45:53 · Valid until 2025-10-12 12:45:53 · Closed 2025-10-11 19:24:02 · Triggered 2025-10-11 12:56:02
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 2.50 Conf 75% Scalp hours
Entry 0.65500000
Stop 0.67000000
TP 0.64000000 / 0.63000000 / 0.62000000
Live 0.64006700
ROI 2.28% (vs entry)

Thesis and checks

Current market conditions suggest a bearish momentum for Cardano (ADA) after a significant 24h drop of -19.556%. Analyzing the 5m, 15m, and 1h charts reveals strong confluence for a short position.

  • The 5m chart shows a recent lower high formation, indicating selling pressure.
  • The 1h chart has a bearish divergence with the RSI, suggesting a potential continuation of the downtrend.

Trade ideas are educational. Manage risk and position size.