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Trade Idea: LINK LONG

Opened 2026-04-11 20:26:03 · Valid until 2026-04-12 20:26:03 · Closed 2026-04-12 01:46:02
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 PENDING RR 1.80 Conf 75% Scalp 4-6 hours
Entry
9.22000000
Stop
9.05000000
Targets
9.40000000 / 9.55000000 / 9.70000000
Live price
9.69000000
Live ROI
5.10% vs entry
Idea ID
#10424
Now Entry Stop TP
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Thesis and checks

Chainlink (LINK) shows a favorable setup for a short-term long scalp based on multi-timeframe analysis:

  • 5m chart: Price recently bounced off a strong support level near 9.05 with a bullish engulfing candle, indicating short-term buying pressure.
  • 15m chart: RSI is rising from oversold levels, confirming momentum shift to the upside.
  • 1h chart: Price is above the 20 EMA and approaching resistance around 9.70, providing clear targets and a good risk-reward ratio.
  • The 24h change is positive (+0.71%), supporting bullish sentiment.
  • Stop loss placed just below recent support to limit downside risk.

Trade ideas are educational. Manage risk and position size.