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Trade Idea: ETH SHORT

Opened 2026-03-07 20:45:41 · Valid until 2026-03-08 20:45:41 · Triggered 2026-03-07 20:54:01
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 1.80 Conf 75% Scalp hours
Entry
1,967.00000000
Stop
1,976.00000000
Targets
1,955.00000000 / 1,948.00000000 / 1,942.00000000
Live price
1,968.28000000
Live ROI
-0.07% vs entry
Idea ID
#8848
Now Entry Stop TP
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Thesis and checks

Current price action and multi-timeframe analysis suggest a short scalp opportunity on ETH.

  • 5m chart: Bearish engulfing candle near resistance at $1970 indicates short-term selling pressure.
  • 15m chart: RSI divergence showing weakening momentum supports a potential pullback.
  • 1h chart: Price below 50 EMA and forming lower highs confirms bearish bias.
  • Stop loss placed above recent minor resistance to limit risk.
  • Targets set near recent support levels to capture quick profit within hours.

Trade ideas are educational. Manage risk and position size.