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Trade Idea: ADA LONG

Opened 2025-10-18 02:35:42 · Valid until 2025-10-19 02:35:42 · Closed 2025-10-18 12:41:01 · Triggered 2025-10-18 07:13:02
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.
LONG CLOSED RR 2.00 Conf 75% Scalp hours
Entry 0.63400000
Stop 0.62800000
TP 0.64000000 / 0.64500000 / 0.65000000
Live 0.63948200
ROI 0.86% (vs entry)

Thesis and checks

The analysis indicates a potential long scalp opportunity for Cardano (ADA) based on recent price action and technical indicators.

  • The 5m chart shows a bullish divergence on the RSI, suggesting a potential reversal from the recent downtrend.
  • The 15m chart has formed a support level around $0.630, which aligns with the 1h moving average, providing a solid entry point.

Trade ideas are educational. Manage risk and position size.