Trade Idea: BTC SHORT

Opened 2026-04-07 14:30:39 · Valid until 2026-04-08 14:30:39 · Triggered 2026-04-07 14:49:01 · Closed 2026-04-07 15:15:04

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 1.75 Conf 85% Scalp 6-12 hours

Entry

68,040.00000000

Stop

68,400.00000000

Targets

67,550.00000000 / 67,300.00000000 / 67,000.00000000

Live price

76,456.00000000

Live ROI

-12.37% vs entry

Idea ID

#10227

Now Entry Stop TP

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Thesis and checks

Bitcoin shows a short-term bearish setup across multiple timeframes indicating a scalp opportunity to the downside.

5m chart: Bearish engulfing candle after a failed retest of resistance near 68200 suggests immediate selling pressure.
15m chart: RSI divergence with lower highs while price tested 68250 resistance confirms weakening momentum.
1h chart: Price rejected the 68000-68400 supply zone with a strong wick and volume spike, signaling a potential reversal.
Risk-reward ratio above 1.6 with tight stop loss near recent highs and multiple profit targets near support levels around 67500 and below.

Trade ideas are educational. Manage risk and position size.