Trade Idea: BCH SHORT

Opened 2025-09-16 02:11:10 · Valid until 2025-09-17 02:11:10 · Closed 2025-09-17 02:27:59

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 75% Scalp hours

Entry 590.00000000

Stop 595.00000000

TP 585.00000000 / 580.00000000 / 575.00000000

Live 483.96000000

ROI 17.97% (vs entry)

Thesis and checks

Current analysis indicates a potential short opportunity for Bitcoin Cash (BCH) given the recent price action and technical signals.

5m Chart: A bearish divergence is forming, suggesting that momentum is weakening as price approaches resistance around $590.
15m Chart: The price is testing a key resistance level with a recent rejection, indicating a potential reversal.

Trade ideas are educational. Manage risk and position size.