Trade Idea: BTC SHORT

Opened 2026-02-09 19:20:38 · Valid until 2026-02-10 19:20:38 · Triggered 2026-02-09 21:13:01 · Closed 2026-02-09 21:38:02

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 1.70 Conf 75% Scalp hours

Entry

70,490.00000000

Stop

70,850.00000000

Targets

70,000.00000000 / 69,750.00000000 / 69,500.00000000

Live price

70,024.00000000

Live ROI

0.66% vs entry

Idea ID

#7810

Now Entry Stop TP

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Thesis and checks

BTC shows a short-term bearish setup with confluence across multiple timeframes:

5m chart: Bearish engulfing candle followed by a rejection at resistance near 70500.
15m chart: RSI divergence indicating weakening momentum and a potential drop.
1h chart: Price below the 20 EMA with downward slope confirming short bias.
Stop placed just above recent resistance at 70850 to limit risk.
Targets set near recent support levels to capture quick scalp profits within hours.

Trade ideas are educational. Manage risk and position size.