Entered trade in NEOUSDT.
Went long at $33.3
Set stop at $31.75
%5 risk on potential returns of 10-20%
Targets at $40-42
This trade is highly dependent on BTC chart. BTC is resting on support trend line as is NEO.
If BTC breaks through NEO is likely to do the same and my stop will trigger.
Went long at $33.3
Set stop at $31.75
%5 risk on potential returns of 10-20%
Targets at $40-42
This trade is highly dependent on BTC chart. BTC is resting on support trend line as is NEO.
If BTC breaks through NEO is likely to do the same and my stop will trigger.
Comment:
Targets, 34.7, 36.8 and 38.5
Comment:
Nearing my new stop of 31
Trade has gone south, broke through short term support trend line, and forming a downtrend. Looks more like a short opportunity now, still letting trade play out until stop is hit or climbs back to $35 so I can sell with small profits.
If I was awake this morning when bounced up to $35 I would have sold for around 5% net profit
Trade has gone south, broke through short term support trend line, and forming a downtrend. Looks more like a short opportunity now, still letting trade play out until stop is hit or climbs back to $35 so I can sell with small profits.
If I was awake this morning when bounced up to $35 I would have sold for around 5% net profit
I got stopped out at 31.75 but reentered at 31.6 just in time.