Trade Idea: BTC SHORT
Opened 2025-09-06 23:29:04 · Valid until 2025-09-07 23:29:04 · Closed 2025-09-07 02:30:00
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 2.00 Conf 75% Scalp hours
Entry 110,200.00000000
Stop 110,400.00000000
TP
109,800.00000000 / 109,600.00000000 / 109,400.00000000
Live 109,458.00000000
ROI
0.67%
(vs entry)
Thesis and checks
Current market conditions indicate a potential short opportunity for Bitcoin (BTC) given the recent price action and technical indicators.
- Resistance Level: The price is approaching a key resistance level around $110400, which has previously acted as a ceiling.
- RSI Indicator: The RSI is currently in the overbought territory, suggesting a potential reversal.
- Bollinger Bands: The price is testing the upper band, indicating that BTC may be overextended and due for a pullback.
Trade ideas are educational. Manage risk and position size.