Trade Idea: ADA LONG

Opened 2026-03-03 07:31:01 · Valid until 2026-03-04 07:31:01 · Closed 2026-03-03 10:09:01

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 PENDING RR 1.80 Conf 75% Scalp hours

Entry

0.26970000

Stop

0.26700000

Targets

0.27200000 / 0.27450000 / 0.27700000

Live price

0.26536700

Live ROI

-1.61% vs entry

Idea ID

#8575

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 & 15m charts: Price recently bounced off a strong support zone near 0.2670 with bullish engulfing candles and rising RSI, indicating short-term buying pressure.
1h chart: The price is above the 20 EMA and forming higher lows, confirming an uptrend continuation potential.
The 24h change is slightly negative but momentum indicators suggest a reversal is likely in the short term.
Risk-reward ratio is above 1.6 with tight stop loss just below support and multiple profit targets near recent resistance levels.

Trade ideas are educational. Manage risk and position size.