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Trade Idea: ADA LONG

Opened 2025-10-13 13:15:47 · Valid until 2025-10-14 13:15:47 · Closed 2025-10-13 13:59:01 · Triggered 2025-10-13 13:35:02
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 2.00 Conf 85% Scalp hours
Entry 0.71000000
Stop 0.70000000
TP 0.72000000 / 0.73000000 / 0.74000000
Live 0.63811500
ROI -10.12% (vs entry)

Thesis and checks

The current analysis of Cardano (ADA) suggests a strong long position.

  • The 5m chart shows a bullish engulfing pattern indicating a potential reversal from recent lows.
  • The 15m chart has a rising RSI, confirming upward momentum, while the 1h chart shows a breakout above a key resistance level.

Trade ideas are educational. Manage risk and position size.