skytrader7

$500 to 5k Challenge - Trade #1 NEO

做多
skytrader7 已更新   
BINANCE:NEOBTC   NEO / Bitcoin
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!
评论:
BTC ruins the fun. Stop loss hit. I will look for opportunities to re-enter NEO later on.
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