Trade Idea: BTC SHORT

Opened 2026-03-02 05:45:40 · Valid until 2026-03-03 05:45:40 · Triggered 2026-03-02 05:59:01 · Closed 2026-03-02 06:21:01

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 CLOSED RR 1.86 Conf 85% Scalp hours

Entry

66,840.00000000

Stop

67,050.00000000

Targets

66,450.00000000 / 66,200.00000000 / 66,000.00000000

Live price

67,635.00000000

Live ROI

-1.19% vs entry

Idea ID

#8488

Now Entry Stop TP

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Thesis and checks

Bitcoin shows a short-term bearish setup with confluence across multiple timeframes:

5m chart: Bearish engulfing candle near resistance at 66850 suggests immediate selling pressure.
15m chart: RSI divergence with lower highs while price attempts to rally, indicating weakening momentum.
1h chart: Price rejected at the 50 EMA and forming lower highs, confirming short bias.
Stop placed above recent swing high at 67050 to limit risk.
Targets set near recent support levels at 66450, 66200, and 66000 for a favorable risk-reward ratio above 1.6.

Trade ideas are educational. Manage risk and position size.