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Trade Idea: BCH SHORT

Opened 2025-10-17 10:31:14 · Valid until 2025-10-18 10:31:14 · Closed 2025-10-17 11:19:02
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 2.50 Conf 75% Scalp hours
Entry 457.00000000
Stop 462.00000000
TP 450.00000000 / 445.00000000 / 440.00000000
Live 485.62000000
ROI -6.26% (vs entry)

Thesis and checks

The current market conditions for Bitcoin Cash (BCH) suggest a short opportunity based on recent price action and technical indicators.

  • Bearish Momentum: The 5m chart shows a consistent downtrend with lower highs and lower lows, indicating strong selling pressure.
  • Resistance Level: The 15m chart identifies a resistance zone around $462, which aligns with the current price action, creating a favorable entry point for a short position.

Trade ideas are educational. Manage risk and position size.