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$NEO/USDT 12h (Binance Futures) Falling wedge near breakout
NEO / TetherUS PERPETUAL CONTRACT
Long
$NEO/USDT 12h (Binance Futures) Falling wedge near breakout
By TradingOn
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Updated
Feb 5, 2021
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Feb 2, 2021
Neo is about to breakout bullish of that falling wedge, let's get in!
Current Price= 23.236
Buy Entry= 23.338 - 22.538
Take Profit= 25.263 | 28.905 | 31.813
Stop Loss= 20.613
Risk/Reward= 1:1 | 1:2.57 | 1:3.82
Expected Profit= +10.14% | +26.01% | +36.69%
Possible Loss= -10.14%
Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 480h
Feb 5, 2021
Trade closed: target reached
TP1 reached with +10.14% (1x) and 1R
Neo broke-out as expected and bringing nice result on the table!
Feb 9, 2021
Trade closed: target reached
TP2 reached with +26.01% (1x) and 2.57R
Neo kept pushing up, very nice profit so far and last target still in play!
Feb 11, 2021
Trade closed: target reached
TP3 with +36.69% (1x) and 3.82R
That's wrap for Neo, all targets reached and more, great profit!
binance
NEO
NEOUSDT
Trend Analysis
TradingOn
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