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Trade Idea: BCH SHORT

Opened 2025-10-19 09:06:01 · Valid until 2025-10-20 09:06:01 · Closed 2025-10-19 10:30:04
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 455.00000000
Stop 462.00000000
TP 450.00000000 / 445.00000000 / 440.00000000
Live 485.70000000
ROI -6.75% (vs entry)

Thesis and checks

Analyzing the current market conditions for Bitcoin Cash (BCH), a short position appears to be the most favorable.

  • 5m chart shows a bearish divergence with decreasing volume, indicating potential selling pressure.
  • 15m chart has formed a double top pattern near the current price, suggesting a reversal.

Trade ideas are educational. Manage risk and position size.