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Trade Idea: ADA LONG

Opened 2025-10-22 13:25:50 · Valid until 2025-10-23 13:25:50 · Closed 2025-10-22 20:26:02
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 PENDING RR 2.00 Conf 75% Scalp hours
Entry 0.64400000
Stop 0.63500000
TP 0.65000000 / 0.65500000 / 0.66000000
Live 0.63972200
ROI -0.66% (vs entry)

Thesis and checks

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

  • 5m Chart: A bullish divergence has formed, indicating a potential reversal as the price makes lower lows while the RSI shows higher lows.
  • 15m Chart: The price has bounced off a key support level around $0.640, suggesting a strong buying interest at this level.

Trade ideas are educational. Manage risk and position size.