Alex_eth

NEOUSDT - Showing multiple divergence, time to take a trade :)

Short
Alex_eth Updated   
BINANCE:NEOUSDT   NEO / TetherUS
Hi Traders!

On 1h chart of NEOUSDT, I found both MACD and RSI formed divergence, and an uptrend is about to reverse.
So it's time to take a short position to book some profit.

Entry SHORT - 45 USDT
TP - 42.75
SL - 46.62

Risk/Reward Ratio - 1.77 :)
Comment:
RSI/MACD divergences working great on the chart.
Look at the chart, multiple buying divergences signals also visible.
Trade closed: target reached:
I found the divergences, so i put a early entry on this trade. I continuously keep my eyes on price action if something goes different. Price made the double top and declined from that point. Target achieved. Thank you very much!
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