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Trade Idea: ADA LONG

Opened 2026-03-02 15:26:05 · Valid until 2026-03-03 15:26:05 · Triggered 2026-03-02 15:28:02 · Closed 2026-03-02 17:43:01
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 1.70 Conf 75% Scalp hours
Entry
0.28440000
Stop
0.28000000
Targets
0.28800000 / 0.29100000 / 0.29400000
Live price
0.26428300
Live ROI
-7.07% vs entry
Idea ID
#8531
Now Entry Stop TP
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Thesis and checks

Cardano (ADA) shows a bullish confluence on multiple timeframes supporting a short-term long scalp:

  • 5m and 15m charts: Price recently bounced off a key support near 0.2800 with increasing volume, indicating strong buying interest.
  • 1h chart: RSI is recovering from oversold levels and MACD is showing a bullish crossover, suggesting upward momentum continuation.
  • Current price is slightly above the 20 EMA on 15m, confirming short-term trend shift.
  • Risk-reward ratio is above 1.6 with tight stop below support and multiple profit targets near recent resistance levels.

Trade ideas are educational. Manage risk and position size.