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Trade Idea: ADA LONG

Opened 2026-01-14 18:15:52 · Valid until 2026-01-15 18:15:52 · Triggered 2026-01-14 19:33:01 · Closed 2026-01-14 20:39:01
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 1.75 Conf 78% Scalp hours
Entry
0.41650000
Stop
0.41200000
Targets
0.42000000 / 0.42350000 / 0.42600000
Live price
0.39004800
Live ROI
-6.35% vs entry
Idea ID
#6851
Now Entry Stop TP
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Thesis and checks

Cardano (ADA) shows a bullish setup across multiple timeframes supporting a short-term long scalp.

  • 5m chart: Price recently bounced off a strong support near $0.4120 with a bullish engulfing candle, indicating immediate buying interest.
  • 15m chart: RSI is rising from oversold levels and MACD shows a bullish crossover, confirming momentum shift.
  • 1h chart: Price is above the 20 EMA and forming higher lows, suggesting an uptrend continuation.
  • The 24h change is +2.12%, reinforcing positive sentiment.
  • Risk-reward ratio is 1.75 with tight stop loss below support and targets near recent resistance levels, fitting scalp duration within hours.

Trade ideas are educational. Manage risk and position size.