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Trade Idea: BCH LONG

Opened 2026-01-16 18:40:50 · Valid until 2026-01-17 18:40:50 · Triggered 2026-01-16 18:56:02 · Closed 2026-01-16 19:26:02
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 85% Scalp hours
Entry
603.56000000
Stop
598.00000000
Targets
609.00000000 / 613.00000000 / 617.00000000
Live price
599.28000000
Live ROI
-0.71% vs entry
Idea ID
#6928
Now Entry Stop TP
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Thesis and checks

Strong bullish signals across multiple timeframes suggest a high-probability scalp long opportunity on BCH.

  • 5m chart: Bullish engulfing candle followed by a quick retracement near support at $600, indicating short-term buying interest.
  • 15m chart: RSI rising from oversold levels with a bullish divergence, confirming momentum shift.
  • 1h chart: Price above the 20 EMA with MACD histogram turning positive, supporting sustained upward momentum.
  • Risk-reward ratio above 1.6 with tight stop below recent support and targets near current resistance levels for quick profit realization.

Trade ideas are educational. Manage risk and position size.