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Trade Idea: BTC SHORT

Opened 2026-03-03 19:40:39 · Valid until 2026-03-04 19:40:39 · Triggered 2026-03-03 19:53:01 · Closed 2026-03-03 20:14:02
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 6-12 hours
Entry
68,650.00000000
Stop
68,850.00000000
Targets
68,350.00000000 / 68,150.00000000 / 67,950.00000000
Live price
68,599.00000000
Live ROI
0.07% vs entry
Idea ID
#8626
Now Entry Stop TP
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Thesis and checks

Current price action and multi-timeframe signals suggest a short scalp opportunity with good risk-reward.

  • 5m chart: Bearish engulfing candle near resistance around 68650 indicating short-term selling pressure.
  • 15m chart: RSI divergence showing weakening momentum and a recent lower high confirming potential reversal.
  • 1h chart: Price rejected at the upper Bollinger Band with MACD histogram turning negative, supporting bearish bias.
  • Stop placed just above recent resistance to limit risk, targets set near recent support levels for quick profit realization.

Trade ideas are educational. Manage risk and position size.