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Trade Idea: BCH LONG

Opened 2025-10-18 12:15:57 · Valid until 2025-10-19 12:15:57 · Closed 2025-10-18 12:55:02
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 PENDING RR 2.00 Conf 75% Scalp hours
Entry 472.00000000
Stop 468.00000000
TP 476.00000000 / 480.00000000 / 484.00000000
Live 485.62000000
ROI 2.89% (vs entry)

Thesis and checks

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

  • On the 5m chart, there is a bullish divergence forming with the RSI, suggesting upward momentum.
  • The 15m chart shows a recent breakout above a minor resistance level at $470, which is a positive signal for further upward movement.

Trade ideas are educational. Manage risk and position size.