Sideways to Bullish BTC- Put Spreads a better choice!
Bullish View on BTCUSDT
Trade:
Sell 40000 Put option of 2 February expiry @ $130
Buy 39500 Put option of 2 February expiry @ $80
Stop Loss: Spot level = $40000
Target: Premium = $0 in both legs
Max Profit: 550/BTC
Rationale:
The most recent movement in BTC suggests a potential temporary halt in the downward momentum, with noticeable retracements in play. Moreover, a recently established support zone/demand zone has been pinpointed on the charts.
For risk management, we recommend setting a stop loss at 40000 to invalidate the aforementioned setup.
Trade:
Sell 40000 Put option of 2 February expiry @ $130
Buy 39500 Put option of 2 February expiry @ $80
Stop Loss: Spot level = $40000
Target: Premium = $0 in both legs
Max Profit: 550/BTC
Rationale:
The most recent movement in BTC suggests a potential temporary halt in the downward momentum, with noticeable retracements in play. Moreover, a recently established support zone/demand zone has been pinpointed on the charts.
For risk management, we recommend setting a stop loss at 40000 to invalidate the aforementioned setup.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.