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Trade Idea: ADA LONG

Opened 2026-03-09 13:36:08 · Valid until 2026-03-10 13:36:08 · Triggered 2026-03-09 13:37:01 · Closed 2026-03-09 19:34:02
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 hours
Entry
0.25750000
Stop
0.25400000
Targets
0.26050000 / 0.26300000 / 0.26500000
Live price
0.26083000
Live ROI
1.29% vs entry
Idea ID
#8968
Now Entry Stop TP
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Thesis and checks

Cardano (ADA) shows a strong short-term bullish setup across multiple timeframes indicating a high-probability scalp trade.

  • 5-minute chart: Price recently bounced off a support level near 0.2540 with a bullish engulfing candle, signaling immediate buying interest.
  • 15-minute chart: RSI is rising from oversold territory, confirming momentum shift to the upside.
  • 1-hour chart: Price is above the 20 EMA and approaching resistance around 0.2650, providing clear take profit zones.
  • The risk-reward ratio exceeds 1.6 with tight stop loss just below recent support, maximizing reward potential within a few hours.

Trade ideas are educational. Manage risk and position size.