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Trade Idea: LINK LONG

Opened 2026-04-05 23:16:04 · Valid until 2026-04-06 23:16:04 · Triggered 2026-04-05 23:17:01 · Closed 2026-04-06 00:05:03
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
8.72000000
Stop
8.60000000
Targets
8.85000000 / 8.95000000 / 9.05000000
Live price
9.24000000
Live ROI
5.96% vs entry
Idea ID
#10163
Now Entry Stop TP
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Thesis and checks

Chainlink (LINK) shows a favorable setup for a short-term scalp with confluence across multiple timeframes.

  • 5m chart: Price recently bounced off a strong support zone near $8.60 with a bullish engulfing candle, indicating immediate buying interest.
  • 15m chart: RSI is rising from oversold levels and MACD just crossed bullish, confirming momentum shift.
  • 1h chart: Price is above the 20 EMA and forming higher lows, suggesting an uptrend continuation.
  • Risk-reward ratio is above 1.6 with tight stop loss just below recent support and multiple take profit levels near resistance zones.

Trade ideas are educational. Manage risk and position size.