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Trade Idea: ADA LONG

Opened 2026-01-06 15:35:53 · Valid until 2026-01-07 15:35:53 · Closed 2026-01-06 15:46:02
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
0.42900000
Stop
0.42500000
Targets
0.43200000 / 0.43500000 / 0.43800000
Live price
0.38530200
Live ROI
-10.19% vs entry
Idea ID
#6523
Now Entry Stop TP
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Thesis and checks

The analysis indicates a bullish momentum for Cardano (ADA) based on recent price action.

  • 5m Chart: A bullish engulfing pattern has formed, suggesting strong buying interest.
  • 15m Chart: The RSI is approaching the overbought territory but remains below 70, indicating room for further upside.

Trade ideas are educational. Manage risk and position size.