Trade Idea: BTC SHORT

Opened 2026-04-12 15:35:38 · Valid until 2026-04-13 15:35:38

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 PENDING RR 1.80 Conf 78% Scalp hours

Entry

70,768.00000000

Stop

71,250.00000000

Targets

70,000.00000000 / 69,600.00000000 / 69,200.00000000

Live price

71,259.00000000

Live ROI

-0.69% vs entry

Idea ID

#10452

Now Entry Stop TP

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Thesis and checks

Bitcoin shows a short scalp opportunity based on multi-timeframe analysis:

5m chart: Bearish engulfing candle after a minor pullback, indicating short-term selling pressure.
15m chart: RSI divergence with price making a lower high while RSI makes a higher high, signaling weakening momentum.
1h chart: Price rejected at a strong resistance zone near 71,250 with volume spike confirming seller dominance.
Current price near 70,768 is ideal for entry with tight stop above resistance at 71,250.
Targets set near recent support levels at 70,000, 69,600, and 69,200 provide good risk-reward above 1.6.

Trade ideas are educational. Manage risk and position size.