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Trade Idea: BTC LONG

Opened 2026-04-16 17:50:39 · Valid until 2026-04-17 17:50:39 · Triggered 2026-04-16 18:06:02 · Closed 2026-04-16 18:47:01
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.
LONG CLOSED RR 1.80 Conf 85% Scalp 4-6 hours
Entry
74,400.00000000
Stop
74,200.00000000
Targets
74,600.00000000 / 74,800.00000000 / 75,000.00000000
Live price
75,305.00000000
Live ROI
1.22% vs entry
Idea ID
#10647
Now Entry Stop TP
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Thesis and checks

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

  • 5m chart: Price bounced off a strong support zone near 74200 with bullish engulfing candle confirming immediate buying interest.
  • 15m chart: RSI is rising from oversold levels, indicating momentum shift to the upside.
  • 1h chart: Price is holding above the 20 EMA and forming higher lows, signaling sustained bullish pressure.
  • Risk-reward ratio is above 1.6 with tight stop loss near support and multiple profit targets near recent resistance levels.

Trade ideas are educational. Manage risk and position size.