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Trade Idea: ADA LONG

Opened 2026-01-09 15:40:56 · Valid until 2026-01-10 15:40:56 · Closed 2026-01-09 18:27:01
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 PENDING RR 2.50 Conf 75% Scalp hours
Entry
0.40300000
Stop
0.39800000
Targets
0.40700000 / 0.41000000 / 0.41300000
Live price
0.40016200
Live ROI
-0.70% vs entry
Idea ID
#6647
Now Entry Stop TP
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Thesis and checks

Based on the current analysis of Cardano (ADA), a long scalp trade is recommended due to the following signals:

  • 5m Chart: A bullish engulfing pattern has formed, indicating strong buying pressure.
  • 15m Chart: The RSI is approaching the 60 level, suggesting upward momentum is building.

Trade ideas are educational. Manage risk and position size.