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Trade Idea: LINK SHORT

Opened 2026-03-14 10:01:03 · Valid until 2026-03-15 10:01:03 · Triggered 2026-03-14 10:35:02
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 LIVE RR 1.75 Conf 78% Scalp hours
Entry
8.94000000
Stop
9.10000000
Targets
8.70000000 / 8.55000000 / 8.40000000
Live price
9.03000000
Live ROI
-1.01% vs entry
Idea ID
#9259
Now Entry Stop TP
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Thesis and checks

Chainlink (LINK) shows a bearish confluence across multiple timeframes indicating a short scalp opportunity near current price.

  • 5m chart: Recent bearish engulfing candle after a minor pullback suggests short-term momentum is down.
  • 15m chart: Price broke below a short-term support level around $9.00, confirming weakness.
  • 1h chart: Downtrend confirmed with lower highs and lower lows; RSI near 40 supports continuation of bearish momentum.
  • Risk-reward ratio above 1.6 with tight stop at $9.10 and targets progressively lower near recent support zones.

Trade ideas are educational. Manage risk and position size.