Trade Idea: BTC SHORT

Opened 2026-03-02 13:10:42 · Valid until 2026-03-03 13:10:42 · Triggered 2026-03-02 13:13:01 · Closed 2026-03-02 13:50:04

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 1.75 Conf 78% Scalp hours

Entry

65,890.00000000

Stop

66,150.00000000

Targets

65,550.00000000 / 65,300.00000000 / 65,000.00000000

Live price

66,596.00000000

Live ROI

-1.07% vs entry

Idea ID

#8504

Now Entry Stop TP

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Thesis and checks

BTC shows a short-term bearish setup with confluence across multiple timeframes indicating a scalp opportunity.

5m chart: Bearish engulfing candle at resistance near $65900 suggests immediate selling pressure.
15m chart: RSI divergence with lower highs while price tested recent highs, signaling weakening momentum.
1h chart: Price rejected at the 50 EMA and formed a lower high, confirming short bias.
Risk-reward ratio above 1.6 with tight stop loss just above recent resistance.

Trade ideas are educational. Manage risk and position size.