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Trade Idea: BCH LONG

Opened 2025-10-01 19:56:11 · Valid until 2025-10-02 19:56:11 · Closed 2025-10-02 00:34:02 · Triggered 2025-10-01 23:24:02
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 590.00000000
Stop 585.00000000
TP 595.00000000 / 600.00000000 / 605.00000000
Live 485.47000000
ROI -17.72% (vs entry)

Thesis and checks

Bitcoin Cash (BCH) shows bullish momentum after a 5.39% increase in the last 24 hours. Technical analysis across multiple timeframes indicates a strong buying opportunity.

  • On the 5m chart, BCH has formed a bullish flag pattern, suggesting a continuation of the upward trend.
  • The 15m RSI is above 60, indicating strong buying pressure, while the 1h chart shows a recent breakout above a key resistance level at $588.

Trade ideas are educational. Manage risk and position size.