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Trade Idea: ADA LONG

Opened 2026-01-06 23:15:54 · Valid until 2026-01-07 23:15:54 · Closed 2026-01-07 01:20:03
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
0.42100000
Stop
0.41700000
Targets
0.42500000 / 0.42800000 / 0.43200000
Live price
0.38512000
Live ROI
-8.52% vs entry
Idea ID
#6553
Now Entry Stop TP
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Thesis and checks

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

  • The 5-minute chart shows a bullish divergence on the RSI, suggesting a potential reversal from the recent downtrend.
  • The 15-minute chart has formed a double bottom pattern near the current price, which often indicates a strong support level and a likely upward movement.

Trade ideas are educational. Manage risk and position size.