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Trade Idea: ADA LONG

Opened 2025-10-18 14:15:44 · Valid until 2025-10-19 14:15:44 · Closed 2025-10-18 15:35:02 · Triggered 2025-10-18 14:35:02
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 0.63000000
Stop 0.62500000
TP 0.63500000 / 0.64000000 / 0.64500000
Live 0.63984000
ROI 1.56% (vs entry)

Thesis and checks

The analysis indicates a favorable long position for Cardano (ADA) based on the following signals:

  • 5m Chart: A bullish divergence is forming, suggesting potential upward momentum as price action is making lower lows while the RSI is making higher lows.
  • 15m Chart: A recent breakout above a minor resistance level at $0.6280 has occurred, indicating a shift in market sentiment towards bullishness.

Trade ideas are educational. Manage risk and position size.