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Trade Idea: BTC LONG

Opened 2026-02-16 22:05:38 · Valid until 2026-02-17 22:05:38 · Triggered 2026-02-16 23:55:02 · Closed 2026-02-17 00:53:01
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 1.80 Conf 75% Scalp 4-6 hours
Entry
68,820.00000000
Stop
68,650.00000000
Targets
68,980.00000000 / 69,100.00000000 / 69,200.00000000
Live price
67,693.00000000
Live ROI
-1.64% vs entry
Idea ID
#8259
Now Entry Stop TP
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Thesis and checks

Bitcoin shows a short-term bullish setup across multiple timeframes supporting a scalp long trade.

  • 5m chart: Price formed a double bottom near 68750 with rising RSI indicating momentum shift.
  • 15m chart: Bullish engulfing candle confirmed near support at 68700, suggesting reversal.
  • 1h chart: Price is above the 20 EMA and MACD histogram is turning positive, signaling short-term bullish bias.
  • Risk-reward ratio above 1.6 with tight stop below recent support and multiple take profit levels near resistance zones.

Trade ideas are educational. Manage risk and position size.