← Back Performance

Trade Idea: LINK SHORT

Opened 2025-10-14 10:35:59 · Valid until 2025-10-15 10:35:59 · Closed 2025-10-14 11:08:01 · Triggered 2025-10-14 10:36:02
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 CLOSED RR 1.80 Conf 75% Scalp hours
Entry 18.25000000
Stop 18.50000000
TP 17.80000000 / 17.50000000 / 17.20000000
Live 17.31000000
ROI 5.15% (vs entry)

Thesis and checks

The current price of Chainlink (LINK) shows a bearish trend with a significant 24h change of -6.8779%. Analyzing the 5m, 15m, and 1h charts reveals strong confluence for a short position.

  • The 1h chart displays a descending triangle pattern, indicating potential further downside.
  • The 15m RSI is approaching overbought territory, suggesting a reversal may occur soon.

Trade ideas are educational. Manage risk and position size.