Trade Idea: ADA LONG

Opened 2026-01-11 20:20:56 · Valid until 2026-01-12 20:20:56 · Triggered 2026-01-11 20:43:01 · Closed 2026-01-11 22:13:01

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 1.70 Conf 75% Scalp hours

Entry

0.38790000

Stop

0.38300000

Targets

0.39200000 / 0.39500000 / 0.39800000

Live price

0.38530200

Live ROI

-0.67% vs entry

Idea ID

#6703

Now Entry Stop TP

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Thesis and checks

Cardano (ADA) shows a short-term bullish setup across multiple timeframes, suitable for a scalp trade:

5m chart: Price recently bounced off a support level near 0.3840 with a bullish engulfing candle, indicating immediate buying interest.
15m chart: RSI is rising from oversold territory, suggesting momentum is shifting upwards.
1h chart: Price is holding above a key moving average (20 EMA), confirming short-term trend support.
Risk-reward ratio is above 1.6 with tight stop loss just below recent support and targets set near recent resistance levels.

Trade ideas are educational. Manage risk and position size.