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Trade Idea: ADA LONG

Opened 2026-01-12 03:45:56 · Valid until 2026-01-13 03:45:56 · Triggered 2026-01-12 04:51:01 · Closed 2026-01-12 06:38:01
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 1.80 Conf 75% Scalp hours
Entry
0.39930000
Stop
0.39500000
Targets
0.40350000 / 0.40600000 / 0.40850000
Live price
0.38585100
Live ROI
-3.37% vs entry
Idea ID
#6731
Now Entry Stop TP
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Thesis and checks

Cardano (ADA) shows a bullish confluence across multiple timeframes suitable for a scalp trade:

  • 5m chart: Price recently bounced off a support zone near 0.3950 with a bullish engulfing candle, indicating short-term buying pressure.
  • 15m chart: RSI is rising from oversold levels and price is above the 20 EMA, suggesting momentum is shifting upward.
  • 1h chart: Price is above the 50 EMA and forming higher lows, confirming an uptrend continuation.
  • Risk-reward ratio is favorable at 1.8 with tight stop loss below recent support and multiple profit targets near resistance levels.

Trade ideas are educational. Manage risk and position size.