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Trade Idea: BCH LONG

Opened 2026-01-11 08:50:53 · Valid until 2026-01-12 08:50:53 · Triggered 2026-01-11 09:04:02 · Closed 2026-01-11 22:49:01
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 1.70 Conf 78% Scalp hours
Entry
654.06000000
Stop
645.50000000
Targets
660.50000000 / 666.00000000 / 670.00000000
Live price
601.55000000
Live ROI
-8.03% vs entry
Idea ID
#6688
Now Entry Stop TP
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Thesis and checks

Multiple timeframes indicate a bullish setup for BCH suitable for a scalp trade:

  • 5m chart: Price shows a strong bounce off a recent support level near 645.50 with bullish engulfing candles signaling short-term buying pressure.
  • 15m chart: RSI is rising from oversold levels and MACD lines are crossing bullishly, confirming momentum shift.
  • 1h chart: Price is above the 20 EMA and 50 EMA with a clear uptrend, supporting continuation higher.
  • Risk-reward ratio is above 1.6 with tight stop below recent support and targets near recent resistance levels, making this a high-probability scalp trade within hours.

Trade ideas are educational. Manage risk and position size.