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Trade Idea: BTC SHORT

Opened 2026-04-07 03:25:38 · Valid until 2026-04-08 03:25:38 · Triggered 2026-04-07 04:08:02 · Closed 2026-04-07 07:36:02
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.
SHORT CLOSED RR 1.70 Conf 78% Scalp hours
Entry
68,760.00000000
Stop
69,050.00000000
Targets
68,400.00000000 / 68,150.00000000 / 67,900.00000000
Live price
75,482.00000000
Live ROI
-9.78% vs entry
Idea ID
#10215
Now Entry Stop TP
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Thesis and checks

Analysis across multiple timeframes indicates a short scalp opportunity with a favorable risk-reward ratio near the current price.

  • 5m chart: Bearish engulfing candle formed after a minor pullback, signaling short-term selling pressure.
  • 15m chart: Price rejected at a key resistance level around 68800, confirmed by RSI divergence indicating weakening momentum.
  • 1h chart: Downtrend continuation pattern with lower highs and lower lows, supporting short bias.
  • Stop loss placed just above recent resistance to limit risk.
  • Targets set near recent support levels to capture quick profit within hours.

Trade ideas are educational. Manage risk and position size.