Bitcoin / TetherLong
Bitcoin : Profiting with the BTC CALL Plunge Strategy
Bullish View on BTCUSDT
Trade:
Buy 45000 Call option of 30 December expiry @ $150
Sell (2x) 46000 Call option of 30 December expiry @ $70 each
Stop Loss: Spot level = $42400
Target: Spot level of $46000
Max Profit: 11000/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 44000 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 45000 Call option of 30 December expiry @ $150
Sell (2x) 46000 Call option of 30 December expiry @ $70 each
Stop Loss: Spot level = $42400
Target: Spot level of $46000
Max Profit: 11000/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 44000 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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.