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Trade Idea: BCH SHORT

Opened 2025-10-10 22:01:27 · Valid until 2025-10-11 22:01:27 · Closed 2025-10-10 22:08:02 · Triggered 2025-10-10 22:07:01
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 2.50 Conf 75% Scalp hours
Entry 541.00000000
Stop 545.00000000
TP 535.00000000 / 530.00000000 / 525.00000000
Live 483.83000000
ROI 10.57% (vs entry)

Thesis and checks

Current analysis indicates a bearish trend for Bitcoin Cash (BCH) based on recent price action.

  • The 5m chart shows a clear descending triangle pattern, suggesting a potential breakdown.
  • The 15m RSI is approaching overbought territory, indicating a possible reversal.

Trade ideas are educational. Manage risk and position size.