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Trade Idea: BCH LONG

Opened 2025-09-30 07:46:06 · Valid until 2025-10-01 07:46:06 · Closed 2025-09-30 10:29:01
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 PENDING RR 2.50 Conf 75% Scalp hours
Entry 558.75000000
Stop 556.00000000
TP 560.00000000 / 561.50000000 / 563.00000000
Live 483.83000000
ROI -13.41% (vs entry)

Thesis and checks

The analysis of Bitcoin Cash (BCH) indicates a favorable long scalp opportunity based on recent price action and technical indicators.

  • 5m Chart: A bullish engulfing pattern has formed, suggesting a potential reversal and upward momentum.
  • 15m Chart: The RSI is showing a bullish divergence, indicating that the price may continue to rise despite recent consolidation.

Trade ideas are educational. Manage risk and position size.