BTCUSDT.5L trade ideas
BTC- Sideways to bullish- selling putsSideways View on BTCUSDT
Trade:
Sell 41000 PUT option of 7 February expiry @ $60
Stop Loss: Premium = $120
Target: Premium = $0
Max Profit: $60/BTC
Rationale:
The most recent movement in BTC suggests a potential temporary halt in the momentum, with noticeable retracements in play. Moreover, a recently established support has been pinpointed on the charts.
Adding to our odds, high OI is also observed for 41k puts of 7 Feb expiry.
SHORT BTC H4Bitcoin (BTC) Analysis - Current State
📉 Overview:
Bitcoin (BTC) has experienced a reversal from an uptrend to a downtrend and is currently in a recovery phase. Presently, the price is below the 0.5 Fibonacci level, and the downtrend may persist.
📊 Confirmation of Downtrend:
Reversal Reaction: The reversal reaction has occurred, shifting from an uptrend to a downtrend.
Temporary Recovery: The current recovery phase is ongoing, but it might be an opportunity to implement selling strategies.
📈 Sell Strategy:
Sell Zone: Monitor and wait for the price to recover above the 0.5 Fibonacci level, with the optimal selling zone ranging from $45,500 to $46,500.
Stop Loss: Place a cautious stop loss to protect the investment.
Profit Target: The expected profit target is $38,000.
👀 Further Observation:
Signal Confirmation: Use technical indicators and confirm signals before executing trades.
Global Market Conditions: Keep an eye on global factors that may impact the crypto market.
🛑 Risk Management Note:
Risk/Reward Ratio: Establish a reasonable risk/reward ratio to ensure effective risk management.
🚀 Summary:
With the anticipated profit target at $38,000 and the current downtrend, a sell strategy around the price range of $45,500 - $46,500 could be a reasonable choice. However, maintain vigilance and risk management in every trading decision. #BitcoinAnalysis #Downtrend #SellStrategy
bitcoin next movebe safe and sure everything is near
lets see as an opportunity every single corrections
whats will happen if btc follow fib level of 0.5-0.6 then?whats will happen if btc follow fib level of 0.5-0.6 then market will be to the moon or to the ground as you can see #btc on weekly time frame as you can see on chart.......if any things or event is not bad for crypto market so bullish market take place and market to the moon is possible......
BTC Sideways- Selling calls of short maturitySideways View on BTCUSDT
Trade:
Sell 44400 Call option of 4 February expiry @ $85
Stop Loss: Premium = $170
Target: Premium = $0
Max Profit: $85/BTC
Rationale:
The most recent movement in BTC suggests a potential temporary halt in the upward momentum, with noticeable retracements in play. Moreover, a recently established supply zone/resistance has been pinpointed on the charts.
BTCUSDTBTCUSDT continues to experience slight decline on Thursday, trading around the $42,000 mark. The weakening trend has not yet ended as BTCUSDT shows signs of convergence between resistance and the 34, 89 EMA lines. Sellers are currently targeting the nearest profit-taking level at $41,700. If this level is broken, it could open up more opportunities for sellers around the $40,000 mark.
Good luck everyone !!
BUY BTCUSD 43000, SL 42500, TGT- 46000BUY BTCUSD 43000, SL 42500, TGT- 46000
Aa we know that price fall down sharp from 49000, 48000, and 47000, and there is a Block order at 46500, so price will go
up at the level of 46000 and than we will be consider to sell at 46000 and target will we 44000
BTC bullish to sideways - call spreads playBullish View on BTCUSDT
Trade:
Buy 44000 Call option of 2 February expiry @ $270
Sell (2x) 45000 Call option of 2 February expiry @ $130 each
Stop Loss: Spot level = $41300
Target: Spot level of $45000
Max Profit: $990/BTC
Rationale:
The most recent movement in BTC suggests a potential temporary halt in the upward momentum, with noticeable retracements in play. Moreover, a recently established supply zone/resistance has been pinpointed on the charts.
For risk management, we recommend setting a stop loss at 41300 to invalidate the aforementioned setup.
BTCUSDTDear valued readers, Escaping the bull channel has caused an impressive price increase for the product, primarily due to BTCUSDT being unable to surpass the $44,000 resistance level. Given the current situation, I anticipate that BTCUSDT will experience a price decrease before any catalyst emerges to drive market growth.
What are your thoughts on this matter? Do you agree with me?
BTC Short Intraday 30 Jan 2024A local swing high is marked as resistance. Prices are expected to correct for the short term and this could turn out to be an intra-day shorting opportunity.
Short Opportunity of BTC. There is a little update with our plan of shorting #BTC:
If we see any another rejection candle at the red arrow area, we enter in our short position, otherwise we wait patiently for the yellow and green arrow area. In this area also we wait for our confirmation entry.
BTC analysis on D1 frame.
The price broke out bullishly when it hit the $39,000 support zone. Looking for peak B of wave ABC, will the next target be $44,000? At the 44,000 price range, price action will determine whether the trend continues to increase or decrease to deeper support areas.
Comment: Price will go down to deeper areas after buying pressure declines. There is a phenomenon of profit taking so that BTC adjusts to test the support areas below.
The decline period will be in February and March 2024
BTC need buyer's liquidity with good bullish trend looks like the volume is fading away and price will go down to find zones where there could be order block pending or some imbalance zone to get buyers interest back
looks like round figure 40k is 5.50% downside
thereafter 37000 - 34000 and higher time frame supports
BUY ON DIP
Bitcoin Bearish Divergence Target $30,000 ?#Bitcoin Bearish Divergence Into Play
CRYPTOCAP:BTC showing concerning signs, but I remain long-term bullish despite short-term uncertainties.
Bearish divergence + RSI below resistance could spur pullback if $44k fails.
If so, watch $43.5k-$44k level.
Lose that and we may see $30k
But hold> $44k = rally to $51k.
Weigh scenarios carefully friends.
➡️ Bearish divergence forming
➡️ RSI struggling below resistance
➡️ $44k Critical Resistance
➡️ Below that could hit $30k
➡️ But over $44k keeps $51k+
BITCOIN BUY OPPURTINITYBITCOIN showing trendline plus snr support
a good bulish trade showing
grab it bitcoin lover
Sideways to Bullish BTC- Put Spreads a better choice!Bullish View on BTCUSDT
Trade:
Sell 40000 Put option of 2 February expiry @ $130
Buy 39500 Put option of 2 February expiry @ $80
Stop Loss: Spot level = $40000
Target: Premium = $0 in both legs
Max Profit: $50/BTC
Rationale:
The most recent movement in BTC suggests a potential temporary halt in the downward momentum, with noticeable retracements in play. Moreover, a recently established support zone/demand zone has been pinpointed on the charts.
For risk management, we recommend setting a stop loss at 40000 to invalidate the aforementioned setup.
Fake Breakout | Reversal Pattern On day chart
Bitcoin has soared and plunged with high volatility in range $45,8xx and $41,000
Bitcoin has important support at $40K and Supply Zone around $47K that's why Bitcoin's dropped
With the last bullish candle has upper long wick, I think this is a Fake Breakout and it can create Reversal Pattern #HeadShoulders to pull Bitcoin back to $35K
Wait and see confirmation to trade
