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.
Chart PatternsTechnical IndicatorsTrend Analysis

Declinazione di responsabilità