Trade Idea: BTC SHORT

Opened 2026-04-09 02:40:41 · Valid until 2026-04-10 02:40:41 · Triggered 2026-04-09 02:44:02 · Closed 2026-04-09 08:47:01

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 1.70 Conf 78% Scalp 6-12 hours

Entry

71,010.00000000

Stop

71,350.00000000

Targets

70,700.00000000 / 70,450.00000000 / 70,200.00000000

Live price

71,351.00000000

Live ROI

-0.48% vs entry

Idea ID

#10319

Now Entry Stop TP

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Thesis and checks

Current price action and multi-timeframe analysis suggest a short scalp opportunity with good risk-reward ratio near the current price.

5-minute chart: Bearish engulfing candle formed near resistance at 71100, indicating short-term selling pressure.
15-minute chart: RSI divergence showing weakening momentum while price tests upper Bollinger Band.
1-hour chart: Price rejected from a key resistance zone around 71250-71300, confirming supply presence.
Stop placed just above recent swing high to limit risk.
Targets set near recent support levels within 1% below entry to capture quick downside move.

Trade ideas are educational. Manage risk and position size.