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Trade Idea: ADA SHORT

Opened 2026-03-05 19:16:04 · Valid until 2026-03-06 19:16:04 · Triggered 2026-03-05 19:17:02
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.
SHORT LIVE RR 1.80 Conf 75% Scalp hours
Entry
0.27000000
Stop
0.27400000
Targets
0.26300000 / 0.26000000 / 0.25700000
Live price
0.26895500
Live ROI
0.39% vs entry
Idea ID
#8794
Now Entry Stop TP
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Thesis and checks

Cardano (ADA) shows a strong short opportunity based on multi-timeframe analysis:

  • 5m chart: Price is below the 20 EMA with bearish momentum and a recent bearish engulfing candle.
  • 15m chart: Confirmed downtrend with lower highs and lower lows; RSI is below 50 indicating bearish momentum.
  • 1h chart: Price broke below a key support level near 0.273 and retested it as resistance, confirming a bearish bias.
  • Current price near 0.270 offers a good entry with tight stop at 0.274, limiting risk.
  • Targets set near recent lows at 0.263, 0.260, and 0.257 provide a risk-reward ratio above 1.6.

Trade ideas are educational. Manage risk and position size.