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Trade Idea: LINK SHORT

Opened 2026-01-16 05:51:03 · Valid until 2026-01-17 05:51:03 · Triggered 2026-01-16 07:46:02 · Closed 2026-01-16 15:38:02
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 1.70 Conf 75% Scalp hours
Entry
13.77000000
Stop
13.95000000
Targets
13.60000000 / 13.45000000 / 13.35000000
Live price
13.56000000
Live ROI
1.53% vs entry
Idea ID
#6914
Now Entry Stop TP
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Thesis and checks

Chainlink (LINK) shows bearish signals across multiple timeframes, supporting a short scalp trade.

  • 5m chart: Price failed to break above recent resistance at $13.85, forming a lower high with increasing selling volume.
  • 15m chart: Bearish engulfing candle followed by a break below the 20 EMA, indicating short-term momentum shift downward.
  • 1h chart: Price is below the 50 EMA and approaching support near $13.60, providing a clear target zone.
  • Risk-reward ratio is above 1.6 with stop just above recent resistance, and multiple take profit levels near support zones.

Trade ideas are educational. Manage risk and position size.