Trade Idea: BCH LONG

Opened 2026-01-12 01:05:51 · Valid until 2026-01-13 01:05:51 · Triggered 2026-01-12 01:07:01 · Closed 2026-01-12 01:21:01

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 hours

Entry

655.40000000

Stop

648.00000000

Targets

662.00000000 / 668.00000000 / 673.00000000

Live price

593.11000000

Live ROI

-9.50% vs entry

Idea ID

#6719

Now Entry Stop TP

Loading chart...

Thesis and checks

Analyzing BCH on 5m, 15m, and 1h charts reveals a strong confluence for a short-term long scalp:

5m chart: Price recently bounced off a key support zone near 648, showing bullish engulfing candle formation and rising RSI from oversold levels.
15m chart: MACD lines crossed bullishly with increasing volume, confirming momentum shift upward.
1h chart: Price is above the 20 EMA and 50 EMA, indicating a short-term uptrend continuation.
Risk-reward ratio is favorable at 1.8 with stop loss just below recent support and targets set near recent resistance levels to capture quick gains within hours.

Trade ideas are educational. Manage risk and position size.