Trade Idea: LINK SHORT
Opened 2025-10-17 08:45:51 · Valid until 2025-10-18 08:45:51 · Closed 2025-10-18 00:46:01
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 PENDING RR 2.50 Conf 75% Scalp hours
Entry 15.50000000
Stop 16.50000000
TP
15.00000000 / 14.50000000 / 14.00000000
Live 17.32000000
ROI
-11.74%
(vs entry)
Thesis and checks
Given the recent price action of Chainlink (LINK) and the significant 24h change, a short scalp is recommended.
- The 5m chart shows a bearish engulfing pattern, indicating strong selling pressure.
- The 15m RSI is overbought, suggesting a potential reversal in price.
Trade ideas are educational. Manage risk and position size.