Trade Idea: ETC SHORT

Opened 2026-03-05 20:22:03 · Valid until 2026-03-06 20:22:03 · Triggered 2026-03-05 21:50:03

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 LIVE RR 1.70 Conf 75% Scalp hours

Entry

8.69000000

Stop

8.90000000

Targets

8.50000000 / 8.40000000 / 8.30000000

Live price

8.67000000

Live ROI

0.23% vs entry

Idea ID

#8796

Now Entry Stop TP

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Thesis and checks

Ethereum Classic (ETC) shows bearish momentum across multiple timeframes, suggesting a short scalp opportunity.

5m chart: Price is below the 20 EMA with a bearish crossover on the MACD, indicating short-term selling pressure.
15m chart: RSI is trending down near 40, confirming weakening momentum and no signs of immediate reversal.
1h chart: Price broke below a recent support level at $8.70, now acting as resistance, reinforcing the bearish bias.
Stop loss is placed just above recent resistance at $8.90 to limit risk.
Targets are set near minor support levels at $8.50, $8.40, and $8.30, providing a risk-reward ratio above 1.6.

Trade ideas are educational. Manage risk and position size.