Bitcoin / Tether
Длинная

Bitcoin Bullish Buzz - BULL CALL Spread

Bullish View on BTCUSDT

Trade:


Buy 39000 Call option of 1 December expiry @ $190
Sell (2x) 40000 Call option of 1 December expiry @ $85 each
Stop Loss: Spot level = $37000

Target: Spot level of $40000

Max Profit: 9980/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 38000 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.

Moreover, we’ve observed a significant surge in open interest (OI) for out-of-the-money (OTM) put options expiring on December 1. This uptick in OI for such options further bolsters our confidence in the current market conditions.
Chart PatternsTechnical IndicatorsTrend Analysis

Отказ от ответственности