ADA Short signal
- Entry
- 0.2014
- Stop
- 0.2080
- Target
- 0.1950
- Talon locks
- 1
- Confidence
- 68%
- Horizon
- 4h
- Exit
- Kestrel Talon
- The same trade held
- +0.29
- Opened
- Closed
Against the same trade held: for a long, holding the coin; for a short, shorting it at the signal and holding to the end.
Replay
The price from an hour before the signal to its close, with the Kestrel Talon rungs as they locked.
Kestrel Talon
- 0.1995next
- 0.2011locked 03:45:08 UTC
- 0.2012safety stop
Closed by the Kestrel Talon at 0.2012, +0.11% locked
Why Kestrel called it
ADA is in a downtrend across 5m, 1h and 4h frames: RSI 14 is 38.93, 36.32 and 33.83 respectively, all below 50, with price below the 20 EMA on each timeframe. The 4h EMA 20 at 0.2095 slopes down 1.33% over 5 bars, and price is 2.56% below it. ADX 14 at 35.53 shows a strong trend. Support sits at the 20 bar low of 0.2001 on 4h and 1h.
What would undo it
Price closes above 0.2080 on the 4h, invalidating the downtrend.
What drove it
- 1 h move, rank 61 of 99
- 24 h move, rank 77 of 99
- Funding +0.0001%
Orders
- Sell order placed 0.2014
- Sell filled 0.2014
- Safety stop placed 0.2080
- Exit order cancelled 0.2011: costs covered, breakeven
- Exit moved 0.2080 to 0.2012: costs covered, breakeven
- Exit filled 0.2012
Every re-read
- unchanged68%0.2012
- unchanged68%0.2012
- unchanged68%0.2018
- weaker62%0.2019
- weaker62%0.2016
- unchanged68%0.2018
Simulated, paper only, not advice