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Trade Idea: LINK SHORT

Opened 2025-10-21 15:10:55 · Valid until 2025-10-22 15:10:55 · Closed 2025-10-21 17:26:01 · Triggered 2025-10-21 17:04:01
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 2.50 Conf 75% Scalp hours
Entry 18.50000000
Stop 18.80000000
TP 18.20000000 / 18.00000000 / 17.80000000
Live 17.30000000
ROI 6.49% (vs entry)

Thesis and checks

Based on the current market conditions for Chainlink (LINK), a short scalp trade is recommended.

  • The 5m chart shows a bearish divergence, indicating potential downward momentum.
  • The 15m chart has formed a resistance level at $18.50, which aligns with the current price action.

Trade ideas are educational. Manage risk and position size.