Trade Idea: LINK SHORT
Opened 2025-10-16 19:45:51 · Valid until 2025-10-17 19:45:51 · Closed 2025-10-16 22:03:01 · Triggered 2025-10-16 20:44:01
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 2.00 Conf 75% Scalp hours
Entry 17.20000000
Stop 17.50000000
TP
16.80000000 / 16.50000000 / 16.20000000
Live 17.31000000
ROI
-0.64%
(vs entry)
Thesis and checks
Current market conditions indicate a potential short opportunity for Chainlink (LINK) based on recent price action and technical indicators.
- 5m Chart: A bearish engulfing candle has formed, suggesting a strong selling pressure at the current price level.
- 15m Chart: The RSI is showing overbought conditions, indicating a potential reversal in the near term.
Trade ideas are educational. Manage risk and position size.