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Trade Idea: LINK SHORT

Opened 2025-10-15 17:06:06 · Valid until 2025-10-16 17:06:06 · Closed 2025-10-16 09:51:01 · Triggered 2025-10-15 17:08:01
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 1.80 Conf 75% Scalp hours
Entry 18.10000000
Stop 18.50000000
TP 17.50000000 / 17.20000000 / 17.00000000
Live 17.30000000
ROI 4.42% (vs entry)

Thesis and checks

Chainlink (LINK) is currently experiencing a downward trend, making a short scalp trade a viable option.

  • The 5m chart shows a bearish divergence with the RSI, indicating weakening buying pressure.
  • The 15m chart has formed a lower high pattern, reinforcing the potential for further downside.

Trade ideas are educational. Manage risk and position size.