Top 5 Weekly Trade Ideas #4 - COIN Long

COIN had a bull flag breakout recently and held on a retest last week. I like longs in this area around $200 with a stop below trendline support. BTC is on the brink of a monster breakout so we can expect COIN to follow if it manages to do it.

First target is going to be the recent high near $220 and then up to the $230-$235 area. Downside target would be $195 if it fails.