Trade Idea: BTC SHORT
Opened 2026-04-16 14:35:38 · Valid until 2026-04-17 14:35:38 · Closed 2026-04-16 15:41:01
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
PENDING
RR 1.80
Conf 78%
Scalp
hours
Entry
73,850.00000000
Stop
74,150.00000000
Targets
73,450.00000000 / 73,100.00000000 / 72,800.00000000
Live price
78,225.00000000
Live ROI
-5.92%
vs entry
Idea ID
#10632
Now
Entry
Stop
TP
Loading chart...
Thesis and checks
Bitcoin shows a short-term bearish setup suitable for a scalp trade based on multi-timeframe analysis.
- 5m chart: Bearish engulfing candle formed near resistance at $73900, indicating immediate selling pressure.
- 15m chart: RSI divergence with price making a higher high but RSI making a lower high, signaling weakening momentum.
- 1h chart: Price rejected from the 20 EMA and forming lower highs, confirming short bias.
- Risk-reward ratio above 1.6 with tight stop loss just above recent resistance.
Trade ideas are educational. Manage risk and position size.