Trade Idea: ADA SHORT
Opened 2025-10-22 11:25:49 · Valid until 2025-10-23 11:25:49 · Closed 2025-10-22 15:08:01 · Triggered 2025-10-22 14:29:02
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.
SHORT CLOSED
RR 2.40 Conf 75% Scalp hours
Entry 0.63400000
Stop 0.63900000
TP
0.63000000 / 0.62500000 / 0.62000000
Live 0.63888700
ROI
-0.77%
(vs entry)
Thesis and checks
Analyzing the current price action of Cardano (ADA), there are several signals indicating a potential short opportunity.
- 5m Chart: A bearish engulfing candle has formed, suggesting a strong selling pressure.
- 15m Chart: The RSI is showing divergence, indicating that the price may be overbought and a reversal could occur soon.
Trade ideas are educational. Manage risk and position size.