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Trade Idea: ADA LONG

Opened 2026-01-12 02:21:00 · Valid until 2026-01-13 02:21:00 · Triggered 2026-01-12 02:48:02 · Closed 2026-01-12 03:44:02
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 CLOSED RR 1.80 Conf 75% Scalp hours
Entry
0.39840000
Stop
0.39300000
Targets
0.40300000 / 0.40700000 / 0.41000000
Live price
0.38557400
Live ROI
-3.22% vs entry
Idea ID
#6724
Now Entry Stop TP
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Thesis and checks

Cardano (ADA) shows a favorable setup for a short-term long scalp based on multi-timeframe analysis:

  • 5m chart: Price is above the 20 EMA with a bullish RSI divergence indicating short-term momentum gain.
  • 15m chart: Bullish engulfing candle formed near a key support level around 0.395, confirming buying interest.
  • 1h chart: Price is bouncing off a rising trendline and above the 50 EMA, signaling medium-term bullish bias.
  • The 24h change is positive at +1.927%, supporting upward momentum.
  • Risk-reward ratio is above 1.6 with tight stop loss near recent swing low, and multiple profit targets near resistance levels close to current price.

Trade ideas are educational. Manage risk and position size.