Trade Idea: BTC LONG

Opened 2026-02-16 20:55:38 · Valid until 2026-02-17 20:55:38 · Triggered 2026-02-16 21:02:02 · Closed 2026-02-16 21:39:02

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 CLOSED RR 1.80 Conf 75% Scalp 4-6 hours

Entry

68,390.00000000

Stop

68,150.00000000

Targets

68,650.00000000 / 68,800.00000000 / 69,000.00000000

Live price

68,623.00000000

Live ROI

0.34% vs entry

Idea ID

#8253

Now Entry Stop TP

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Thesis and checks

Analyzing BTC on multiple timeframes reveals a short-term bullish setup suitable for a scalp trade:

5m chart: Price shows a clear higher low pattern with bullish engulfing candles indicating immediate buying pressure near current price.
15m chart: RSI is recovering from oversold levels, confirming momentum shift to the upside.
1h chart: Price is bouncing off a key support zone around 68100-68200, aligning with the stop loss placement.
The risk-reward ratio is above 1.6 with tight stop loss and multiple take profit levels near resistance zones.

Trade ideas are educational. Manage risk and position size.