Trade Idea: LINK SHORT
Opened 2025-10-10 21:31:03 · Valid until 2025-10-11 21:31:03 · Closed 2025-10-10 21:35:02
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 PENDING RR 2.85 Conf 75% Scalp hours
Entry 12.74000000
Stop 13.00000000
TP
12.00000000 / 11.50000000 / 11.00000000
Live 17.37000000
ROI
-36.34%
(vs entry)
Thesis and checks
Based on the current market conditions for Chainlink (LINK), a short position is recommended due to the significant downward momentum observed.
- The 5-minute chart shows a bearish engulfing pattern, indicating strong selling pressure.
- The 15-minute chart has formed a lower high, confirming the downtrend and suggesting further declines.
Trade ideas are educational. Manage risk and position size.