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Trade Idea: BCH LONG

Opened 2025-10-20 06:26:01 · Valid until 2025-10-21 06:26:01 · Closed 2025-10-20 16:04:02 · Triggered 2025-10-20 15:14:01
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 485.00000000
Stop 480.00000000
TP 490.00000000 / 495.00000000 / 500.00000000
Live 483.96000000
ROI -0.21% (vs entry)

Thesis and checks

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

  • 5m Chart: A bullish engulfing pattern has formed, suggesting strong buying pressure.
  • 15m Chart: The RSI is above 60, indicating momentum is on the side of buyers.

Trade ideas are educational. Manage risk and position size.