NEO triangle breakout 📐
NEO / TetherUS BINANCE:NEOUSDT
NEO seems to be ready to break up this triangle📐 and if successful I think there is chance for run to 33 and even higher.
- ENTRY: local high @ 23.8
- STOPLOSS (SL): local low @ 21.8
- TARGET (TP): height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT – SL) @ 33.3
- REWARD RISK RATIO ( RRR ): 5
- INVALIDATION: when SL level hit
Check my other stuff in related ideas.
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