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Trade Idea: ADA SHORT

Opened 2025-10-14 18:30:45 · Valid until 2025-10-15 18:30:45 · Closed 2025-10-14 19:47:01 · Triggered 2025-10-14 18:34:02
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 1.80 Conf 75% Scalp hours
Entry 0.70362200
Stop 0.70862200
TP 0.69862200 / 0.69562200 / 0.69262200
Live 0.64006700
ROI 9.03% (vs entry)

Thesis and checks

Analyzing the current market conditions for Cardano (ADA), a short scalp opportunity presents itself.

  • The 5m chart shows a bearish divergence with decreasing volume, indicating a potential reversal.
  • On the 15m chart, the price is approaching a resistance level at $0.705, which aligns with the recent high, providing a good entry point for a short position.

Trade ideas are educational. Manage risk and position size.