Bullish View on BTCUSDT
Trade:
Sell Put Spread - BTC - 44400 - 44000- 4 January expiry at 75$
Stop Loss: Spread Premium = $150
Target: Spread Premium = $0
Max Profit: $75BTC
Max Loss : $75/BTC
Rationale:
BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key pivot levels at 45000 during the recent trading session, signifying a promising upward trajectory.
Examining the 4-hour chart, it’s evident that the price is consistently adhering to established support / demand zones. This steadfast adherence underscores the robust buyer sentiment in the market.
Trade:
Sell Put Spread - BTC - 44400 - 44000- 4 January expiry at 75$
Stop Loss: Spread Premium = $150
Target: Spread Premium = $0
Max Profit: $75BTC
Max Loss : $75/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 45000 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.