Trade Idea: BTC SHORT

Opened 2026-04-07 17:40:39 · Valid until 2026-04-08 17:40:39 · Triggered 2026-04-07 17:43:01 · Closed 2026-04-07 19:23:01

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.

SHORT CLOSED RR 1.80 Conf 75% Scalp hours

Entry

68,823.00000000

Stop

69,250.00000000

Targets

68,300.00000000 / 67,900.00000000 / 67,500.00000000

Live price

69,287.00000000

Live ROI

-0.67% vs entry

Idea ID

#10234

Now Entry Stop TP

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Thesis and checks

Analyzing BTC on 5m, 15m, and 1h charts reveals a strong short opportunity with confluence from multiple signals.

5m chart: Bearish engulfing candle formed near resistance at $69,000, indicating short-term selling pressure.
15m chart: RSI divergence with price making higher highs but RSI making lower highs, signaling weakening momentum.
1h chart: Price rejected at the 50 EMA and forming lower highs, confirming a downtrend continuation.
Risk-Reward ratio is above 1.6 with tight stop loss just above recent resistance, and targets set near support levels within a day.

Trade ideas are educational. Manage risk and position size.