Trade Idea: BCH SHORT

Opened 2025-09-24 05:01:20 · Valid until 2025-09-25 05:01:20 · Closed 2025-09-24 21:02:02

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 2.00 Conf 75% Scalp hours

Entry 556.00000000

Stop 560.00000000

TP 552.00000000 / 550.00000000 / 548.00000000

Live 485.70000000

ROI 12.64% (vs entry)

Thesis and checks

The market shows signs of a potential short opportunity for Bitcoin Cash (BCH) based on recent price action and technical indicators.

5m Chart: A bearish divergence is forming with lower highs in price while the RSI is making higher highs, indicating weakening bullish momentum.
15m Chart: The price has recently rejected a key resistance level at $560, suggesting a potential reversal.

Trade ideas are educational. Manage risk and position size.