Trade Idea: ADA SHORT
Opened 2026-03-31 17:46:06 · Valid until 2026-04-01 17:46:06 · Triggered 2026-03-31 17:47:01 · Closed 2026-04-01 00:08:01
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.
SHORT
CLOSED
RR 1.80
Conf 75%
Scalp
hours
Entry
0.23970000
Stop
0.24300000
Targets
0.23550000 / 0.23300000 / 0.23050000
Live price
0.24849500
Live ROI
-3.67%
vs entry
Idea ID
#9980
Now
Entry
Stop
TP
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Thesis and checks
Cardano (ADA) shows a short-term bearish setup with confluence across multiple timeframes.
- 5-minute chart: Price is below the 20 EMA with bearish momentum and a recent lower high formation.
- 15-minute chart: RSI is below 50, confirming bearish momentum; price failed to break above recent resistance near 0.2430.
- 1-hour chart: Downtrend confirmed by lower highs and lower lows; price is testing a key resistance level near 0.2430, providing a clear stop level.
- Risk-reward is favorable at 1.8 with tight stop loss just above resistance and multiple take profit levels near recent support zones.
Trade ideas are educational. Manage risk and position size.