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Trade Idea: ADA LONG

Opened 2026-03-13 17:56:05 · Valid until 2026-03-14 17:56:05 · Triggered 2026-03-13 18:17:01
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 LIVE RR 1.80 Conf 75% Scalp hours
Entry
0.26730000
Stop
0.26300000
Targets
0.27050000 / 0.27300000 / 0.27500000
Live price
0.26712000
Live ROI
-0.07% vs entry
Idea ID
#9240
Now Entry Stop TP
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Thesis and checks

Cardano (ADA) shows a promising scalp opportunity based on multi-timeframe analysis:

  • 5m & 15m charts: Price recently bounced off a strong support zone near $0.2630 with bullish engulfing candles and increasing volume, indicating short-term buying pressure.
  • 1h chart: The 1-hour RSI is rising from oversold levels and price is above the 20 EMA, suggesting momentum is shifting to the upside.
  • The 24h change is positive at 1.8%, supporting bullish sentiment.
  • Risk-reward ratio is above 1.6 with tight stop loss just below support and targets near recent minor resistance levels around $0.2705 to $0.2750.

Trade ideas are educational. Manage risk and position size.