Trade Idea: LINK SHORT

Opened 2026-03-02 02:11:09 · Valid until 2026-03-03 02:11:09 · Triggered 2026-03-02 02:13:01 · Closed 2026-03-02 14:39:01

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 1.80 Conf 75% Scalp hours

Entry

8.75000000

Stop

8.95000000

Targets

8.50000000 / 8.35000000 / 8.20000000

Live price

8.62000000

Live ROI

1.49% vs entry

Idea ID

#8484

Now Entry Stop TP

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Thesis and checks

Chainlink (LINK) shows a bearish bias suitable for a short scalp based on multi-timeframe analysis.

5m chart: Price is below the 20 EMA and forming lower highs, indicating short-term bearish momentum.
15m chart: Bearish engulfing candle confirms sellers' strength near current price.
1h chart: Price is below the 50 EMA and 200 EMA with a downward slope, reinforcing bearish trend.
Stop loss placed just above recent minor resistance at 8.95 to limit risk.
Targets set near recent support levels at 8.50, 8.35, and 8.20 to secure profits within hours.

Trade ideas are educational. Manage risk and position size.