CryptoTherapist

NEO-BTC Long Trade Plan

Long
BINANCE:NEOBTC   NEO / Bitcoin
Commodity : NEO
Trade Type : LONG
Trading Against : BITCOIN

Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on

Duration - 2-4 days
Investment in trade : 15% of the total Trading Balance.
Prospective Profit : 5% to 18%
Prospective Loss : 3%
RRR : SL to TP1 is 1.63, SL to TP2 is 2.84, SL to TP3 is 4.52 and SL to TP4 is 6.16

Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)

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