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Trade Idea: BCH LONG

Opened 2025-10-21 15:11:10 · Valid until 2025-10-22 15:11:10 · Closed 2025-10-21 16:03:01 · Triggered 2025-10-21 15:24:01
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 2.00 Conf 75% Scalp hours
Entry 504.00000000
Stop 500.00000000
TP 508.00000000 / 512.00000000 / 516.00000000
Live 485.64000000
ROI -3.64% (vs entry)

Thesis and checks

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

  • 5m Chart: A bullish engulfing pattern has formed, suggesting strong buying momentum.
  • 15m Chart: The RSI is approaching the 70 level, indicating potential continuation of the upward trend.

Trade ideas are educational. Manage risk and position size.