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Trade Idea: BCH LONG

Opened 2025-09-17 16:48:49 · Valid until 2025-09-18 16:48:49 · Closed 2025-09-18 00:37:11 · Triggered 2025-09-18 00:37:11
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 593.00000000
Stop 590.00000000
TP 596.00000000 / 598.00000000 / 600.00000000
Live 485.64000000
ROI -18.10% (vs entry)

Thesis and checks

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

  • 5m Chart: A bullish divergence is forming as the price makes lower lows while the RSI shows higher lows, indicating potential upward momentum.
  • 15m Chart: The price has recently bounced off a key support level around $590, which aligns with the bullish sentiment observed in the 5m chart.

Trade ideas are educational. Manage risk and position size.