Trade Idea: LINK SHORT

Opened 2025-09-25 23:01:01 · Valid until 2025-09-26 23:01:01 · Closed 2025-09-26 00:07:02 · Triggered 2025-09-25 23:23:01

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 1.92 Conf 75% Scalp hours

Entry 20.26000000

Stop 20.50000000

TP 19.80000000 / 19.50000000 / 19.20000000

Live 17.30000000

ROI 14.61% (vs entry)

Thesis and checks

Based on the current market conditions for Chainlink (LINK), a short scalp trade is recommended due to the following signals:

5m Chart: A bearish engulfing pattern has formed, indicating a potential reversal from the recent uptrend.
1h Chart: The Relative Strength Index (RSI) is showing overbought conditions, suggesting that a price correction is likely.

Trade ideas are educational. Manage risk and position size.