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Trade Idea: LINK SHORT

Opened 2025-10-10 18:15:55 · Valid until 2025-10-11 18:15:55 · Closed 2025-10-10 19:22:01 · Triggered 2025-10-10 18:43:02
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.
SHORT CLOSED RR 2.40 Conf 75% Scalp hours
Entry 21.05000000
Stop 21.25000000
TP 20.85000000 / 20.65000000 / 20.45000000
Live 17.37000000
ROI 17.48% (vs entry)

Thesis and checks

Based on the recent price action and technical indicators, a short position on Chainlink (LINK) is recommended.

  • The 5m chart shows a bearish divergence with the RSI, indicating potential downward momentum.
  • The 15m chart has formed a double top pattern, reinforcing the likelihood of a price drop.

Trade ideas are educational. Manage risk and position size.