Trade Idea: BCH SHORT

Opened 2026-01-15 01:40:47 · Valid until 2026-01-16 01:40:47 · Closed 2026-01-15 04:31:01

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 1.70 Conf 78% Scalp hours

Entry

593.53000000

Stop

600.00000000

Targets

585.00000000 / 580.00000000 / 575.00000000

Live price

600.93000000

Live ROI

-1.25% vs entry

Idea ID

#6864

Now Entry Stop TP

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Thesis and checks

Current price action and multi-timeframe analysis suggest a short scalp opportunity on BCH.

5m chart: Bearish momentum with lower highs and strong selling volume indicating immediate downside pressure.
15m chart: Price rejected at a recent resistance near $600, confirming short-term supply zone.
1h chart: Downtrend continuation with price below key moving averages and bearish RSI divergence.
Risk-reward ratio exceeds 1.6 with tight stop above resistance and multiple profit targets near recent support levels.

Trade ideas are educational. Manage risk and position size.