NEO/USDT 12h (Binance Futures) Big ascending channel breakdown for BINANCE:NEOUSDTPERP by Zblaba — TradingView


Neo is looking for further retracement, I expect it to continue falling in that smaller channel.

Current Price= 18.802

Sell Entry= 18.971 – 19.791

Take Profit= 17.477 | 15.481 | 13.716

Stop Loss= 20.910

Risk/Reward= 1:1.25 | 1:2.55 | 1:3.71

Expected Profit= +19.64% | +40.24% | 58.46%

Possible Loss= -15.78%

Fib. Retracement= 0.382 | 0.5 | 0.618

Margin Leverage= 2x

Estimated Gain-time= 720h



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