Trade Idea: LINK SHORT
Opened 2025-10-16 09:51:03 · Valid until 2025-10-17 09:51:03 · Closed 2025-10-16 10:29:02
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 PENDING RR 1.75 Conf 75% Scalp hours
Entry 18.00000000
Stop 18.20000000
TP
17.70000000 / 17.50000000 / 17.30000000
Live 17.39000000
ROI
3.39%
(vs entry)
Thesis and checks
The current market conditions for Chainlink (LINK) suggest a short opportunity based on recent price action and technical indicators.
- The 5m chart shows a bearish divergence with decreasing volume, indicating a potential reversal.
- The 15m chart has formed a bearish engulfing candle, confirming selling pressure.
Trade ideas are educational. Manage risk and position size.