Trade Idea: BTC SHORT

Opened 2026-02-16 20:30:39 · Valid until 2026-02-17 20:30:39 · Triggered 2026-02-16 20:43:01 · Closed 2026-02-16 20:55:03

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 CLOSED RR 1.80 Conf 78% Scalp 6-12 hours

Entry

68,125.00000000

Stop

68,350.00000000

Targets

67,850.00000000 / 67,650.00000000 / 67,500.00000000

Live price

68,623.00000000

Live ROI

-0.73% vs entry

Idea ID

#8251

Now Entry Stop TP

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Thesis and checks

Analyzing BTC on 5m, 15m, and 1h charts reveals a short scalp opportunity with strong confluence:

5m chart: Bearish engulfing candle after a minor pullback near resistance at $68200 indicates short-term selling pressure.
15m chart: RSI divergence shows weakening momentum, supporting a downside move.
1h chart: Price rejected at the upper Bollinger Band with volume spike, confirming resistance near current price.
Risk-reward ratio above 1.6 with tight stop loss limits downside risk while targeting near-term support levels.

Trade ideas are educational. Manage risk and position size.