Trade Idea: BCH SHORT

Opened 2026-01-15 23:20:49 · Valid until 2026-01-16 23:20:49 · Closed 2026-01-16 16:20:03

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 1.80 Conf 75% Scalp hours

Entry

588.50000000

Stop

595.00000000

Targets

579.00000000 / 574.00000000 / 570.00000000

Live price

600.93000000

Live ROI

-2.11% vs entry

Idea ID

#6912

Now Entry Stop TP

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Thesis and checks

Short setup on BCH supported by multi-timeframe bearish signals:

5m chart: Price rejected resistance near 590 with bearish engulfing candle indicating short-term selling pressure.
15m chart: RSI divergence showing weakening momentum and confirming potential downside continuation.
1h chart: Price below 50 EMA and 200 EMA with downward slope, confirming bearish trend context.
Stop placed above recent swing high to limit risk; targets set near recent support levels for high probability scalp within hours.

Trade ideas are educational. Manage risk and position size.