↓ Sell (short)
Sold (short) LINK at 13.578
- 1. Enter at13.578
- 2. Stop loss(exit if wrong)14.222−47% of margin at 10x
- 3. Take profit12.934+47% of margin at 10x
Why this trade?
- LINK fell below 14.040, its lowest price of the last 3 days.
- More coins changed hands than usual as it broke, so it was a real push down, not a blip.
- Drops that break a floor like this have tended to keep falling for a while.
What we checked
- Bigger trend (daily chart). The daily trend is up. This short goes against it; in testing that still worked, a little less often.
- 4-hour trend. The 4-hour trend is sideways.
- Real selling, not a blip. Trading volume was above normal.
- Safe at 10x leverage. Liquidation would be near 14.868, well past the stop at 14.222.
In 6 years of testing, about 55 in 100 of these reached take profit, and a win pays the same as a loss costs.
Size this trade ›Size this trade
- Position
- 1.553 (21.087 USDT)
- Margin at 10x
- 2.1087 USDT
- Loss at stop
- −1.0000 USDT
- Gain at target
- +1.0000 USDT
- Liquidation ≈
- 14.868
The stop sets the size; leverage only sets the margin. Fees add about 0.1% of the position.