Trade Idea: ADA LONG
Opened 2025-09-06 17:37:15 · Valid until 2025-09-13 17:37:15 · Closed 2025-09-08 20:46:02 · Triggered 2025-09-07 03:21:01
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 1.50 Conf 75% Swing 3-5 days
Entry 0.82500000
Stop 0.80500000
TP
0.84500000 / 0.86000000 / 0.88000000
Live 0.63888700
ROI
-22.56%
(vs entry)
Thesis and checks
Current market conditions for Cardano (ADA) show a slight decline of 0.52% over the last 24 hours, indicating a potential for a short-term reversal. The Relative Strength Index (RSI) is approaching the oversold territory, suggesting that a bounce may be imminent. Additionally, the price is currently testing a key support level around $0.805, which has historically been a strong area of buying interest.
- RSI indicates potential oversold conditions.
- Price action is near a significant support level.
Trade ideas are educational. Manage risk and position size.