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Trade Idea: BCH LONG

Opened 2025-10-03 15:41:20 · Valid until 2025-10-04 15:41:20 · Closed 2025-10-03 16:26:02 · Triggered 2025-10-03 15:55:02
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 2.50 Conf 75% Scalp hours
Entry 608.00000000
Stop 603.00000000
TP 612.00000000 / 615.00000000 / 618.00000000
Live 484.65000000
ROI -20.29% (vs entry)

Thesis and checks

Based on the current analysis of Bitcoin Cash (BCH), a long scalp trade is recommended.

  • 5m Chart: A bullish engulfing pattern has formed, indicating strong buying pressure.
  • 15m Chart: The RSI is showing a bullish divergence, suggesting potential upward momentum.

Trade ideas are educational. Manage risk and position size.