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Trade Idea: ADA LONG

Opened 2026-01-13 20:45:54 · Valid until 2026-01-14 20:45:54 · Triggered 2026-01-13 20:49:01 · Closed 2026-01-13 22:14:02
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 4-8 hours
Entry
0.40720000
Stop
0.40000000
Targets
0.41400000 / 0.41800000 / 0.42200000
Live price
0.38996400
Live ROI
-4.23% vs entry
Idea ID
#6811
Now Entry Stop TP
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Thesis and checks

Cardano (ADA) shows strong short-term bullish signals across multiple timeframes, supporting a high-probability scalp long trade.

  • 5-minute chart: Price recently bounced off a key support near 0.4000 with a bullish engulfing candle, indicating immediate buying pressure.
  • 15-minute chart: RSI is rising from oversold levels, confirming momentum shift to the upside.
  • 1-hour chart: Price is above the 20 EMA and forming higher lows, suggesting an uptrend continuation.
  • 24h change is positive at +4.44%, reflecting overall bullish sentiment.
  • Targets are set near recent minor resistance levels to maximize reward while keeping stops tight for good risk management.

Trade ideas are educational. Manage risk and position size.