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Trade Idea: ADA LONG

Opened 2026-03-01 12:56:00 · Valid until 2026-03-02 12:56:00 · Triggered 2026-03-01 13:10:03 · Closed 2026-03-01 13:58:02
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
0.27640000
Stop
0.27200000
Targets
0.28000000 / 0.28300000 / 0.28500000
Live price
0.26418400
Live ROI
-4.42% vs entry
Idea ID
#8424
Now Entry Stop TP
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Thesis and checks

Cardano (ADA) shows strong bullish momentum across multiple timeframes, indicating a high-probability scalp long opportunity.

  • 5m chart: Price recently bounced off a support level near 0.2730 with a bullish engulfing candle, signaling short-term buying interest.
  • 15m chart: RSI is rising from oversold levels and price is above the 20 EMA, confirming upward momentum.
  • 1h chart: Price is above the 50 EMA and forming higher lows, indicating a sustained uptrend.
  • Stop loss is placed just below recent support to limit downside risk.
  • Take profit targets are set near recent minor resistance levels to secure gains within hours.

Trade ideas are educational. Manage risk and position size.