Trade Idea: LINK SHORT
Opened 2025-09-17 17:07:17 · Valid until 2025-09-18 17:07:17 · Closed 2025-09-18 00:37:11
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 1.60 Conf 75% Scalp hours
Entry 23.00000000
Stop 23.25000000
TP
22.75000000 / 22.50000000 / 22.25000000
Live 17.31000000
ROI
24.74%
(vs entry)
Thesis and checks
Based on the current market conditions for Chainlink (LINK), a short position is recommended.
- The 5m chart shows a bearish divergence with decreasing volume, indicating potential downward momentum.
- The 15m chart has recently formed a bearish engulfing candle, suggesting a reversal from the recent highs.
Trade ideas are educational. Manage risk and position size.