Resumed NEO Trading with Tight SL (Is this correction?)
Now I am going to retest the NEO buying potential and added a long position on BINANCE with a tight SL.
I potential going to attempt to SL efforts:
a) Buying at 14.710, SL = 13.75
b) Buying 10-11 Range, SL=-8%
Upside extension is the restest of the recent high but first profit taking near 20.
If the impulsive wave (final surge) continues, it will retrace 23.6% near 50.
Good bet here!!!
I potential going to attempt to SL efforts:
a) Buying at 14.710, SL = 13.75
b) Buying 10-11 Range, SL=-8%
Upside extension is the restest of the recent high but first profit taking near 20.
If the impulsive wave (final surge) continues, it will retrace 23.6% near 50.
Good bet here!!!
ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน:
SL Triggers, now looking to the next dip below 50-period EMA on weekly. Potentially a spike to 10.86 will be a big help.
ความคิดเห็น:
Since bitcoin surges, alts will follow up. Good to buy NEO again near 50W average now and target a retest of 20+.
ความคิดเห็น:
20+ hits, and now patiently waiting for an extension and final surge:
ความคิดเห็น:
NEO trade is still valid and an extension to 49 given BTC holds above 20K remain on the table:
ความคิดเห็น:
NEO is going to retest the main hurdle 30,
ความคิดเห็น:
still long on NEO and still expecting it to break the big resistance @30+/- and seeking near 50 for the next consolidation.
ความคิดเห็น:
NEO is nicely settled to break 50 as originally thought months ago. This breakout can be stronger than one can think and NEO can be 100+. Nice position to book some profits:
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
I keep holding the same position and it is very likely that I will book minor losses if it breaks below 13.75. Contrarily, the rise may resume if the presidential elections turn in favor of global expectations.