Bullish View on BTCUSDT Trade: Buy 37600 Call option of 11 November expiry @ $230 Sell (2x) 38400 Call option of 11 November expiry @ $115 each Stop Loss: Spot level = $35000 Target: Spot level of $38400 Max Profit: $800/BTC Rationale: BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke...
Bullish View on BTCUSDT Trade: Buy 375000 Call option of 10 November expiry @ $225 Sell (2x) 39000 Call option of 10 November expiry @ $100 each Stop Loss: Spot level = $35000 Target: Spot level of $39000 Max Profit: $1515/BTC Rationale: BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it...
Sideways View on BTCUSDT Trade: Sell 36600 Call option of 9 November expiry @ $95 Sell 34600 Put option of 9 November expiry @ $75 Stop Loss: P-34600 = $150 C-36600 = $190 Target : $0 premium in both legs Max Profit: $170/BTC Max Loss: $170/BTC Rationale: BTC appears to be trading in a tight range, hovering between the support level at 34,300 and...
Bitcoin's market dominance which reached its peak at 54.3% before dipping to 52.7%, suggests that traders are embracing additional risk by exploring Ethereum (ETH) and other altcoins. Furthermore, trading volume has diversified, with Bitcoin trading at up to three times the volume of ETH in mid-October, but that ratio has now reduced to just double the...
SidewaysView on BTCUSDT Trade: Sell 36600 Call option of 7 November expiry @ $45 Sell 33600 Put option of 7 November expiry @ $45 Stop Loss: P-33600 = $90 C-36600 = $90 Target: $0 premium in both legs Max Profit: $90/BTC Max Loss: $90/BTC Rationale: BTC appears to be trading in a tight range, hovering between the support level at 34,300 and the...
Bullish View on XMRUSDT Trade: Buy XMR Perpetual future at $172 Stop Loss: $164 Target: $184 Max Profit: $12/XMR Max Loss : $8/XMR Rationale: The recent price movement in XMR has convincingly breached the resistance level at 216, and gave a swing high of 175. Now the price is attempting to retrace towards its foundational or demand zone regions. An...
Bullish View on BTCUSDT Trade: Buy 36000 Call option of 5 November expiry @ $170 Sell (2x) 36600 Call option of 5 November expiry @ $95 each Stop Loss: C-BTC- 36000 Premium = $10 Target : Spot level of $36600 Max Profit: $360/BTC Rationale: BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements....
Bullish View on BTCUSDT Trade: Sell 34000 Put option of 4 November expiry @ $142.5 Stop Loss: P-BTC- 34000 Premium = $284 Target: P-BTC- 34000 Premium = $0 Payoff chart at Expiry: Max Profit: $142.5/BTC Max Loss: $142.5/BTC Rationale: BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably,...
Sideways View on BTCUSDT Trade: Sell Call Spread – BTC – 35000 – 35200 – 2 November expiry at 40$ Stop Loss: Spread Premium of $80 Target: Spread Premium of $0 Payoff: Max Profit: $40/BTC Max Loss : $40/BTC Rationale: Following a notable price increase in the previous week, Bitcoin is presently confined to a tight trading range,...