stephychu

BTC long t 3500

Long
COINBASE:BTCUSD   Bitcoin
Hello im looking to long btc for a quick flip

3525 area to ride it out to the 3620 area take off 75% of your position and move your stop loss higher to still remain on profit in case we spike higher (possibly targeting the 3700 area)

The 3400 area has shown to be good support. We are consolidating in this areas but be careful as we can retest the 3100 area if support breaks down.

Entry: $3500-$3525
Stop loss: $3480

Target 1: $3600-3620
Target 2: $3700


I suggest tight stop losses specially for quick flips
As always DYOR and never risk more than you can afford to lose!

Have a great day.
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