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Trade Idea: BCH LONG

Opened 2025-10-01 09:21:20 · Valid until 2025-10-02 09:21:20 · Closed 2025-10-01 13:52:02
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 PENDING RR 1.75 Conf 85% Scalp hours
Entry 596.00000000
Stop 590.00000000
TP 600.00000000 / 605.00000000 / 610.00000000
Live 483.28000000
ROI -18.91% (vs entry)

Thesis and checks

The current analysis indicates a bullish opportunity for Bitcoin Cash (BCH) based on recent price action and technical indicators.

  • 5m Chart: A bullish engulfing pattern has formed, suggesting strong buying momentum.
  • 15m Chart: The RSI is approaching the oversold territory, indicating potential for upward movement.

Trade ideas are educational. Manage risk and position size.