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Trade Idea: BCH LONG

Opened 2025-09-29 12:56:11 · Valid until 2025-09-30 12:56:11 · Closed 2025-09-29 13:55:02 · Triggered 2025-09-29 13:26:02
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 2.00 Conf 75% Scalp hours
Entry 552.00000000
Stop 548.00000000
TP 556.00000000 / 559.00000000 / 562.00000000
Live 485.67000000
ROI -12.02% (vs entry)

Thesis and checks

The current price of Bitcoin Cash (BCH) shows a bullish trend supported by recent price action.

  • The 5m chart indicates a strong support level around $550, with a recent bounce off this level suggesting buying interest.
  • The 15m chart shows a bullish divergence with the RSI, indicating potential upward momentum.

Trade ideas are educational. Manage risk and position size.