Hello Everyone!
I have decided to start an interesting trade idea: a challenge to take $500 to $5000 USD. The objective is to practice more trading strategies in preparation for the next bull run (whenever that may be). This challenge represents a small portion of my portfolio, so I will take a more aggressive trading style.
For the first trade, I am starting with NEO.
NEO has shown great movement in this bear market, being one of the few coins to show quick recovery in dips.
I am setting modest targets as I expect BTC to bounce to $6300 and fall as shown in the previous BTC analysis I did. (It is going exactly as expected!)
I will reinvest into NEO and set higher targets when we get to the bounce zone for BTC.
CURRENT BALANCE:
$500 about 0.08 BTC
ENTRY:
20 NEO @ 0.002911
TARGET 1:
0.003073
TARGET 2:
0.003171
STOP LOSS:
0.002868
Stay safe. We are still not out of the woods.
Good Luck Everyone!
I have decided to start an interesting trade idea: a challenge to take $500 to $5000 USD. The objective is to practice more trading strategies in preparation for the next bull run (whenever that may be). This challenge represents a small portion of my portfolio, so I will take a more aggressive trading style.
For the first trade, I am starting with NEO.
NEO has shown great movement in this bear market, being one of the few coins to show quick recovery in dips.
I am setting modest targets as I expect BTC to bounce to $6300 and fall as shown in the previous BTC analysis I did. (It is going exactly as expected!)
I will reinvest into NEO and set higher targets when we get to the bounce zone for BTC.
CURRENT BALANCE:
$500 about 0.08 BTC
ENTRY:
20 NEO @ 0.002911
TARGET 1:
0.003073
TARGET 2:
0.003171
STOP LOSS:
0.002868
Stay safe. We are still not out of the woods.
Good Luck Everyone!
Comment:
BTC ruins the fun. Stop loss hit. I will look for opportunities to re-enter NEO later on.