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Trade Idea: LINK LONG

Opened 2025-10-12 05:25:52 · Valid until 2025-10-13 05:25:52 · Closed 2025-10-12 12:35:02 · Triggered 2025-10-12 05:33:01
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.
LONG CLOSED RR 1.75 Conf 75% Scalp hours
Entry 17.40000000
Stop 17.20000000
TP 17.60000000 / 17.80000000 / 17.90000000
Live 17.37000000
ROI -0.17% (vs entry)

Thesis and checks

Based on the current market analysis for Chainlink (LINK), a long scalp trade is recommended due to the following signals:

  • 5m Chart: A bullish divergence has been observed, indicating potential upward momentum as price action is making lower lows while the RSI is making higher lows.
  • 15m Chart: A recent breakout above a minor resistance level at $17.35 suggests that buyers are gaining strength, further supporting the long position.

Trade ideas are educational. Manage risk and position size.