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Gambiman
Jan 18, 2018 5:09 PM

Possible Long opportunity UKGBTC Long

Description

Support was respected and price is just below the weekly open.

The safe play would be to wait for a retracement to go long (dashed arroew) but the risk is that price never gives you the fill.
More risky would be to buy now and take some possible heat if price does retrace or reverse completely.
Stop at 5400 Satoshis

Take first profit at 9400 Satoshis and keep some of the position on.

Comment

We came shy of the target by 1 satoshi.
IF you are long it would be a good place to take some off here. I think it has more to go.
Comments
deadlyeffect
UKG will be $4+ soon, currently if you loaded up in the $0.60-$0.70 range, you have zero risk on this investment and already up nicely.
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