Bitcoin Long trade setup 1 hour chart 10 December 2021

BTCUSDT

Bitcoin has been holding the 47k support zone nicely, I think we will stay in this range for a while and I'm planning on opening a long at around 47500 - 47800$ and sell at around 51000$.

ENTRY 47500 - 47800$
SL 46600$
TP 51000$

Risk/Reward ratio 3
2% loss if SL is hit
7% gain if TP is hit