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Trade Idea: BCH LONG

Opened 2025-10-05 04:06:10 · Valid until 2025-10-06 04:06:10 · Closed 2025-10-05 06:18:01 · Triggered 2025-10-05 04:55:02
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 605.00000000
Stop 600.00000000
TP 610.00000000 / 615.00000000 / 620.00000000
Live 485.59000000
ROI -19.74% (vs entry)

Thesis and checks

The current analysis of Bitcoin Cash (BCH) indicates a favorable long scalp opportunity.

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

Trade ideas are educational. Manage risk and position size.