Bitcoin : Profiting with the BTC CALL Plunge Strategy
Bullish View on BTCUSDT
Trade:
Buy 43500 Call option of 22 December expiry @ $200
Sell 445000 Call option of 22 December expiry @ $90
Stop Loss: Spot level = $44500
Target: Spot level of $40500
Payoff chart at Expiry:
Max Profit: 8890/BTC
Max Loss: 1110/BTC
Rationale:
BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key pivot levels at 43000 during the recent trading session, signifying a promising upward trajectory.
Examining the 4-hour chart, it’s evident that the price is consistently adhering to established support / demand zones. This steadfast adherence underscores the robust buyer sentiment in the market.
Trade:
Buy 43500 Call option of 22 December expiry @ $200
Sell 445000 Call option of 22 December expiry @ $90
Stop Loss: Spot level = $44500
Target: Spot level of $40500
Payoff chart at Expiry:
Max Profit: 8890/BTC
Max Loss: 1110/BTC
Rationale:
BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key pivot levels at 43000 during the recent trading session, signifying a promising upward trajectory.
Examining the 4-hour chart, it’s evident that the price is consistently adhering to established support / demand zones. This steadfast adherence underscores the robust buyer sentiment in the market.
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