Trade Idea: BTC SHORT

Opened 2026-03-03 20:15:38 · Valid until 2026-03-04 20:15:38 · Triggered 2026-03-03 20:17:02 · Closed 2026-03-03 22:06:02

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 78% Scalp hours

Entry

68,309.00000000

Stop

68,650.00000000

Targets

67,800.00000000 / 67,550.00000000 / 67,300.00000000

Live price

68,599.00000000

Live ROI

-0.42% vs entry

Idea ID

#8629

Now Entry Stop TP

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Thesis and checks

Bitcoin shows a short-term bearish setup suitable for a scalp trade with confluence across multiple timeframes.

5m chart: Price rejected resistance near 68450 with bearish engulfing candle, indicating immediate selling pressure.
15m chart: RSI divergence and a break below the 20 EMA suggest momentum is shifting downward.
1h chart: Price is below the 50 EMA and forming lower highs, confirming a short bias.
Risk-reward ratio is favorable at 1.7 with tight stop loss just above recent resistance.

Trade ideas are educational. Manage risk and position size.