Bitcoin : Profiting with the BTC CALL Plunge Strategy

Bullish View on BTCUSDT

Trade:


Buy 45000 Call option of 23 December expiry @ $240
Sell 46000 Call option of 23 December expiry @ $120
Sell (2x) 476000 Call option of 23 December expiry @ $45 each

Stop Loss: Spot level = $42500

Target: Spot level of $46000

Payoff chart at Expiry:

Max Profit: 9970/BTC
Max Loss: 330/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.
Chart PatternsTechnical IndicatorsTrend Analysis

Feragatname