BTC PUT Spread - Retraces to base
Bullish View on BTCUSDT
Trade:
Sell Put Spread - BTC - 41600 - 41200- 17 January expiry at $45
Stop Loss: Spread Premium = $90
Target: Spread Premium = $0
Max Profit: 445/BTC
Max Loss : 445/BTC
Rationale:
BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key pivot levels at 45800 during the recent trading session, signifying a promising upward trajectory.
Examining the 4-hour chart, it’s evident that the price is consistently adhering to established support / demand zones and has retraced back to its base area of 41800$. This steadfast adherence underscores the robust buyer sentiment in the market.
Trade:
Sell Put Spread - BTC - 41600 - 41200- 17 January expiry at $45
Stop Loss: Spread Premium = $90
Target: Spread Premium = $0
Max Profit: 445/BTC
Max Loss : 445/BTC
Rationale:
BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key pivot levels at 45800 during the recent trading session, signifying a promising upward trajectory.
Examining the 4-hour chart, it’s evident that the price is consistently adhering to established support / demand zones and has retraced back to its base area of 41800$. This steadfast adherence underscores the robust buyer sentiment in the market.
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.