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Trade Idea: LINK SHORT

Opened 2025-09-25 12:31:08 · Valid until 2025-09-26 12:31:08 · Closed 2025-09-25 12:53:01 · Triggered 2025-09-25 12:32:02
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 CLOSED RR 2.40 Conf 75% Scalp hours
Entry 20.72000000
Stop 21.00000000
TP 20.40000000 / 20.20000000 / 20.00000000
Live 17.31000000
ROI 16.46% (vs entry)

Thesis and checks

The current market conditions for Chainlink (LINK) suggest a short scalp opportunity.

  • On the 5m chart, a bearish divergence is forming, indicating potential downward momentum.
  • The 15m chart shows a recent rejection at a key resistance level around $21.00, further supporting a short position.

Trade ideas are educational. Manage risk and position size.