Trade Idea: BCH SHORT

Opened 2026-01-13 16:40:58 · Valid until 2026-01-14 16:40:58 · Triggered 2026-01-13 16:46:02 · Closed 2026-01-13 19:56:02

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 CLOSED RR 1.80 Conf 75% Scalp hours

Entry

616.80000000

Stop

622.00000000

Targets

610.00000000 / 606.00000000 / 602.00000000

Live price

600.93000000

Live ROI

2.57% vs entry

Idea ID

#6796

Now Entry Stop TP

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Thesis and checks

Technical analysis across multiple timeframes suggests a short scalp opportunity on BCH near current price.

5m chart: Bearish engulfing candle after a minor pullback indicates immediate selling pressure.
15m chart: Price rejected at a key resistance level around 618 with RSI showing bearish divergence.
1h chart: Downtrend confirmed by lower highs and lower lows; moving averages aligned bearishly.
Stop loss placed just above recent resistance to limit risk.
Targets set near recent support levels to capture quick downside momentum with a risk-reward ratio above 1.6.

Trade ideas are educational. Manage risk and position size.