Bullish View on BTCUSDT
Trade:
Buy 44600 Call option of 6 January expiry @ $330
Sell (2x) 45600 Call option of 6 January expiry @ $170 each
Stop Loss: Spot level = $41000
Target: Spot level of $45600
Max Profit: $1010/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 45000 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 44600 Call option of 6 January expiry @ $330
Sell (2x) 45600 Call option of 6 January expiry @ $170 each
Stop Loss: Spot level = $41000
Target: Spot level of $45600
Max Profit: $1010/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 45000 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.