NEO/USDT 2h (Binance Futures) Falling wedge near breakout Long

NEO / TetherUS PERPETUAL CONTRACTBinance

Description

⋅ Oct 15, 2020 9:03 AM

#Neo could break bullish here, even if it still looks risky, better use low leverage.
Let's hope for that wedge support to hold and wait for possible breakout.

Current Price= 16.939
Buy Entry= 16.971 - 16.773
Take Profit= 17.245 | 17.642 |17.991
Stop Loss= 16.499

Risk/Reward= 1:1 | 1:2.06 | 1:3
Expected Profit= +11.05% | +22.80% | +33.15%
Possible Loss= -11.05%

Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 5x
Estimated Gain-time= 120h

Trade active

⋅ Oct 15, 2020 9:07 AM

First entry filled