Trade Idea: LINK SHORT
Opened 2025-09-15 11:59:00 · Valid until 2025-09-16 11:59:00 · Closed 2025-09-15 23:31:16 · Triggered 2025-09-15 15:25:35
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.
SHORT CLOSED
RR 2.00 Conf 75% Scalp hours
Entry 23.20000000
Stop 23.60000000
TP
22.80000000 / 22.50000000 / 22.20000000
Live 17.31000000
ROI
25.39%
(vs entry)
Thesis and checks
Considering the current bearish trend in Chainlink (LINK), a short scalp trade is recommended based on the following analysis:
- The 5m chart shows a bearish engulfing pattern, indicating strong selling pressure.
- The 15m RSI is approaching overbought levels, suggesting a potential reversal.
Trade ideas are educational. Manage risk and position size.