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Trade Idea: LINK LONG

Opened 2025-09-20 23:37:22 · Valid until 2025-09-21 23:37:22 · Closed 2025-09-22 16:13:06
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 PENDING RR 1.60 Conf 75% Scalp hours
Entry 23.50000000
Stop 23.20000000
TP 23.80000000 / 24.00000000 / 24.20000000
Live 17.30000000
ROI -26.38% (vs entry)

Thesis and checks

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

  • 5m Chart: A bullish divergence is forming, indicating potential upward momentum as price makes lower lows while the RSI shows higher lows.
  • 15m Chart: The price has bounced off a key support level at $23.30, showing signs of buying interest and a potential reversal.

Trade ideas are educational. Manage risk and position size.