Trade Idea: BCH SHORT

Opened 2026-01-01 17:26:02 · Valid until 2026-01-02 17:26:02 · Closed 2026-01-02 09:18:01

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

586.00000000

Stop

591.00000000

Targets

580.00000000 / 575.00000000 / 570.00000000

Live price

601.63000000

Live ROI

-2.67% vs entry

Idea ID

#6310

Now Entry Stop TP

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Thesis and checks

Current analysis suggests a short position on Bitcoin Cash (BCH) due to recent price action and technical indicators.

5m Chart: Price has formed a bearish engulfing pattern, indicating a potential reversal.
15m Chart: RSI is showing overbought conditions, suggesting a pullback is imminent.

Trade ideas are educational. Manage risk and position size.