Trade Idea: ADA SHORT
Opened 2025-10-16 09:40:47 · Valid until 2025-10-17 09:40:47 · Closed 2025-10-16 09:52:01
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 PENDING RR 2.00 Conf 75% Scalp hours
Entry 0.65500000
Stop 0.66200000
TP
0.65000000 / 0.64500000 / 0.64000000
Live 0.64006700
ROI
2.28%
(vs entry)
Thesis and checks
Considering the recent price action of ADA, a short scalp trade is recommended due to bearish momentum.
- The 5m chart shows a clear downtrend with lower highs and lower lows, indicating selling pressure.
- The 15m RSI is approaching overbought levels, suggesting a potential reversal from the recent price decline.
Trade ideas are educational. Manage risk and position size.