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Trade Idea: LINK SHORT

Opened 2025-09-17 10:55:58 · Valid until 2025-09-18 10:55:58 · Closed 2025-09-17 17:00:54 · Triggered 2025-09-17 15:30:53
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 23.10000000
Stop 23.30000000
TP 22.90000000 / 22.70000000 / 22.50000000
Live 17.38000000
ROI 24.76% (vs entry)

Thesis and checks

Based on the current market conditions for Chainlink (LINK), a short scalp trade is recommended.

  • The 5-minute chart shows a bearish divergence with price failing to break above recent highs while RSI is declining.
  • The 15-minute chart indicates a potential resistance level around $23.30, where selling pressure has previously emerged.

Trade ideas are educational. Manage risk and position size.