Hope you all have a good day, Let's update the NEO 10 to 1 R/R Trade which is looking fairly good.

Crypto is looking bright and green today.
NEO performance today: +2.67% at the minute.

NEO is a cryptocurrency based on smartcontracts backed by China's goverment which means is a good crypto to be involved with.

Trading NEO: Long Position presented in my blog yesterday:

. Looking for a huge reward per unit of risk

Key Levels to unload/close positions. Check out the two broken bear trends now acting as support.

Trade with a r/r ratio of 10 to 1. Great Opportunity with a low risk entry point.

UPDATE OF THE TRADE

Just hodl! :)

Trade is looking good and aggresive traders would have place their stop loss above the entry point so they would have a profitable trade already.

There are two main areas to place a stop loss short term. Depending on how aggresive and leveraged you are you might pick one of those two.

These post is for informational purposes only.

You might be also interested in:
Litecoin succesfull short term trade
BTC technical analysis
ETHEREUM technical analysis

Thanks for Reading!