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Trade Idea: ADA SHORT

Opened 2025-10-14 19:50:52 · Valid until 2025-10-15 19:50:52 · Closed 2025-10-15 05:00:05 · Triggered 2025-10-15 03:47:01
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 2.00 Conf 75% Scalp hours
Entry 0.69200000
Stop 0.69800000
TP 0.68500000 / 0.68000000 / 0.67500000
Live 0.63984000
ROI 7.54% (vs entry)

Thesis and checks

Shorting ADA presents a favorable opportunity based on recent price action and technical indicators.

  • 5m Chart: A bearish engulfing pattern has formed, indicating potential downward momentum.
  • 15m Chart: The RSI is showing overbought conditions, suggesting a correction is likely.

Trade ideas are educational. Manage risk and position size.