Trade Idea: ADA SHORT
Opened 2025-10-17 08:25:46 · Valid until 2025-10-18 08:25:46 · Closed 2025-10-17 09:20:03 · Triggered 2025-10-17 08:27:01
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 1.73 Conf 75% Scalp hours
Entry 0.60442500
Stop 0.61000000
TP
0.59800000 / 0.59500000 / 0.59000000
Live 0.63960500
ROI
-5.82%
(vs entry)
Thesis and checks
Considering the recent price action of ADA, a short scalp trade is recommended based on the following analysis:
- The 5m chart shows a bearish divergence, indicating a potential reversal from the recent highs.
- The 15m chart has formed a descending triangle pattern, which typically leads to further downside movement.
Trade ideas are educational. Manage risk and position size.