← Back Performance

Trade Idea: ADA SHORT

Opened 2025-10-11 19:25:51 · Valid until 2025-10-12 19:25:51 · Closed 2025-10-11 21:09:01 · Triggered 2025-10-11 19:43:02
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 0.63500000
Stop 0.64500000
TP 0.62000000 / 0.61000000 / 0.60000000
Live 0.63917500
ROI -0.66% (vs entry)

Thesis and checks

The market shows a strong bearish trend for ADA, making a short position favorable.

  • On the 5m chart, a bearish engulfing pattern has formed, indicating potential downward momentum.
  • The 15m RSI is below 30, suggesting oversold conditions, but the price action remains weak, supporting a continuation of the downtrend.

Trade ideas are educational. Manage risk and position size.