Bearish View on BTCUSDT
Trade:
Buy 40000 Put option of 20 January expiry @ $150
Sell (2x) 39400 Put option of 20 January expiry @ $75 each
Stop Loss: Spot level = $42500
Target: Spot level of $39400
Max Profit: 6600/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 42500 to invalidate the aforementioned setup.
Trade:
Buy 40000 Put option of 20 January expiry @ $150
Sell (2x) 39400 Put option of 20 January expiry @ $75 each
Stop Loss: Spot level = $42500
Target: Spot level of $39400
Max Profit: 6600/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 42500 to invalidate the aforementioned setup.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.