Trade Idea: BTC LONG

Opened 2026-04-07 21:20:38 · Valid until 2026-04-08 21:20:38 · Triggered 2026-04-07 21:48:02 · Closed 2026-04-07 22:08:02

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.

LONG CLOSED RR 1.80 Conf 85% Scalp 4-6 hours

Entry

69,870.00000000

Stop

69,650.00000000

Targets

70,050.00000000 / 70,200.00000000 / 70,350.00000000

Live price

74,998.00000000

Live ROI

7.34% vs entry

Idea ID

#10249

Now Entry Stop TP

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Thesis and checks

Bitcoin shows a favorable setup for a short-term scalp trade based on multi-timeframe analysis.

5m chart: Bullish engulfing candle followed by a strong volume spike indicating immediate buying interest near current price.
15m chart: Price bouncing off a rising 20 EMA with RSI recovering from oversold territory, signaling momentum shift upwards.
1h chart: Support confirmed around 69600 with MACD histogram turning positive, suggesting trend continuation.
Risk-reward ratio above 1.6 with tight stop loss just below recent support and multiple take profit levels near resistance zones.

Trade ideas are educational. Manage risk and position size.