Trade Idea: ADA SHORT
Opened 2025-10-17 16:15:48 · Valid until 2025-10-18 16:15:48 · Closed 2025-10-17 18:15:03 · Triggered 2025-10-17 16:24:01
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 2.20 Conf 75% Scalp hours
Entry 0.62962500
Stop 0.63500000
TP
0.62000000 / 0.61500000 / 0.61000000
Live 0.63975400
ROI
-1.61%
(vs entry)
Thesis and checks
Current market conditions suggest a short opportunity for Cardano (ADA) due to recent bearish momentum.
- The 5m chart shows a bearish divergence with RSI, indicating weakening buying pressure.
- On the 15m chart, a recent bearish engulfing candle reinforces the likelihood of further downside.
Trade ideas are educational. Manage risk and position size.