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Trade Idea: ETC SHORT

Opened 2025-10-21 14:17:03 · Valid until 2025-10-22 14:17:03 · Closed 2025-10-21 15:02:01
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 2.00 Conf 75% Scalp hours
Entry 16.04000000
Stop 16.20000000
TP 15.80000000 / 15.60000000 / 15.40000000
Live 15.73000000
ROI 1.93% (vs entry)

Thesis and checks

The current analysis of Ethereum Classic (ETC) suggests a short scalp opportunity based on recent price action and technical indicators.

  • 5m Chart: A bearish divergence is forming as the price makes lower highs while the RSI shows higher highs, indicating potential weakness.
  • 15m Chart: The price has recently rejected a key resistance level around $16.20, confirming a bearish sentiment.

Trade ideas are educational. Manage risk and position size.