Trade Idea: BCH SHORT
Opened 2025-09-24 00:31:24 · Valid until 2025-09-25 00:31:24 · Closed 2025-09-24 04:07:01 · Triggered 2025-09-24 03:21:01
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 558.00000000
Stop 561.00000000
TP
554.00000000 / 552.00000000 / 550.00000000
Live 485.62000000
ROI
12.97%
(vs entry)
Thesis and checks
The analysis indicates a potential short opportunity for Bitcoin Cash (BCH) based on recent price action and technical indicators.
- 5m Chart: A bearish divergence is observed, with price making higher highs while the RSI is making lower highs, suggesting a potential reversal.
- 15m Chart: The price has formed a resistance level around $558.00, with multiple rejections at this level, indicating strong selling pressure.
Trade ideas are educational. Manage risk and position size.