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Trade Idea: LINK LONG

Opened 2026-03-01 19:56:05 · Valid until 2026-03-02 19:56:05
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.
LONG PENDING RR 1.80 Conf 75% Scalp hours
Entry
8.70000000
Stop
8.55000000
Targets
8.95000000 / 9.10000000 / 9.25000000
Live price
8.61000000
Live ROI
-1.03% vs entry
Idea ID
#8452
Now Entry Stop TP
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Thesis and checks

Chainlink (LINK) shows a favorable setup for a short-term long scalp based on multi-timeframe analysis.

  • 5m chart: Price recently bounced off a support zone near $8.6 with a bullish engulfing candle, indicating immediate buying interest.
  • 15m chart: RSI is rising from oversold levels and MACD shows a bullish crossover, signaling momentum shift upward.
  • 1h chart: Price is above the 20 EMA and forming higher lows, confirming a short-term uptrend.
  • The risk-reward ratio is above 1.6 with tight stop loss below recent support and multiple take profit levels near resistance zones around $9.25.

Trade ideas are educational. Manage risk and position size.