Trade Idea: LINK SHORT
Opened 2025-10-19 09:35:44 · Valid until 2025-10-20 09:35:44 · Closed 2025-10-19 09:54:01
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 2.00 Conf 75% Scalp hours
Entry 16.50000000
Stop 16.70000000
TP
16.30000000 / 16.10000000 / 15.90000000
Live 17.23000000
ROI
-4.42%
(vs entry)
Thesis and checks
Based on the current market conditions for Chainlink (LINK), a short position is recommended.
- The 5m chart shows a bearish divergence with decreasing volume, indicating potential downward momentum.
- The 15m chart has formed a resistance level around $16.50, which aligns with the current price action, suggesting a reversal is likely.
Trade ideas are educational. Manage risk and position size.