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Trade Idea: LINK SHORT

Opened 2025-10-11 00:15:49 · Valid until 2025-10-12 00:15:49 · Closed 2025-10-11 00:25:02 · Triggered 2025-10-11 00:21:01
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 2.50 Conf 75% Scalp hours
Entry 17.50000000
Stop 17.80000000
TP 17.20000000 / 17.00000000 / 16.80000000
Live 17.24000000
ROI 1.49% (vs entry)

Thesis and checks

Based on the current market conditions for Chainlink (LINK), a short position is recommended due to the significant bearish momentum observed.

  • The 5m chart shows a clear downtrend with lower highs and lower lows, indicating continued selling pressure.
  • The 15m chart has formed a bearish flag pattern, suggesting a potential continuation of the downtrend.

Trade ideas are educational. Manage risk and position size.