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Trade Idea: ETH SHORT

Opened 2026-04-02 02:50:40 · Valid until 2026-04-03 02:50:40 · Triggered 2026-04-02 03:17:01 · Closed 2026-04-02 03:45:04
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 78% Scalp hours
Entry
2,070.82000000
Stop
2,080.00000000
Targets
2,058.00000000 / 2,048.00000000 / 2,040.00000000
Live price
2,419.62000000
Live ROI
-16.84% vs entry
Idea ID
#10053
Now Entry Stop TP
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Thesis and checks

Analyzing ETH on multiple timeframes reveals a short opportunity with good risk-reward:

  • 5m chart: Bearish engulfing candle formed after a failed attempt to break above recent resistance near 2075, indicating short-term selling pressure.
  • 15m chart: RSI divergence with lower highs on price but higher highs on RSI, signaling weakening bullish momentum.
  • 1h chart: Price rejected at the 50 EMA, confirming resistance and aligning with the short bias.
  • Current price near resistance allows tight stop loss at 2080, with targets set just above recent support levels for quick scalp.

Trade ideas are educational. Manage risk and position size.