Trade Idea: LINK LONG

Opened 2026-05-06 04:36:57 · Valid until 2026-05-07 04:36:57 · Triggered 2026-05-06 04:50:04 · Closed 2026-05-06 09:11:02

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.

LONG CLOSED RR 1.65 Conf 75% Scalp 30-60 minutes

Entry

9.82000000

Stop

9.65000000

Targets

10.10000000 / 10.25000000 / 10.40000000

Live price

7.75000000

Live ROI

-21.08% vs entry

Idea ID

#11161

Now Entry Stop TP

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Thesis and checks

Chainlink (LINK) shows a bullish momentum on the 1m and 5m charts with a 3.25% 24h gain, indicating short-term strength suitable for a fast scalp long trade.

Confluence 1: Price is currently bouncing off a strong support level near 9.65 identified on the 5m chart, which acted as a recent demand zone.
Confluence 2: The 1m chart shows a bullish engulfing candle pattern confirming immediate buying interest and momentum continuation.
Risk-reward ratio is 1.5, balancing tight stop loss with realistic quick profit targets within a 30-60 minute timeframe.

Trade ideas are educational. Manage risk and position size.