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Trade Idea: BCH SHORT

Opened 2026-01-06 16:36:26 · Valid until 2026-01-07 16:36:26 · Triggered 2026-01-06 17:58:01 · Closed 2026-01-06 20:27:01
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
630.00000000
Stop
635.00000000
Targets
625.00000000 / 620.00000000 / 615.00000000
Live price
601.04000000
Live ROI
4.60% vs entry
Idea ID
#6532
Now Entry Stop TP
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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 engulfing pattern has formed, suggesting a reversal from the recent high.
  • 15m Chart: The RSI is showing overbought conditions, indicating a potential pullback.

Trade ideas are educational. Manage risk and position size.