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Trade Idea: LINK LONG

Opened 2025-10-05 03:10:57 · Valid until 2025-10-06 03:10:57 · Closed 2025-10-05 08:00:05 · Triggered 2025-10-05 06:47:02
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 1.75 Conf 85% Scalp hours
Entry 22.60000000
Stop 22.40000000
TP 22.80000000 / 22.90000000 / 23.00000000
Live 17.30000000
ROI -23.45% (vs entry)

Thesis and checks

Based on the current market analysis for Chainlink (LINK), a long position is recommended due to the following signals:

  • 5m Chart: A bullish engulfing pattern has formed, indicating strong buying pressure.
  • 15m Chart: The RSI is showing a divergence with price, suggesting a potential upward move.

Trade ideas are educational. Manage risk and position size.