Research

Sideways View on BTCUSDT Welcome to Daily Trade Setups. Trade:<ul><li>Sell Put BTC  - 37000 -  15  December expiry at 50$</li></ul>Stop Loss: Premium of $100 Target: Premium of $0 Payoff: Max Profit: $50/BTC Max Loss : $50/BTC<figure class="kg-card kg-image-card"><img src="https://static.delta.exchange/wp-content/uploads/2023/12/Picture1-1-1024x402.png" class="kg-image" alt loading="lazy" width="525" height="206"></figure>Rationale: Following an impressive surge in BTC, we observed a retracement from the 448900 levels, leading to a dip in BTC’s value to 40250.<figure class="kg-card kg-image-card"><img src="https://static.delta.exchange/wp-content/uploads/2023/12/BTCUSDT_2023-12-12_09-45-38-1024x573.png" class="kg-image" alt loading="lazy" width="525" height="294"></figure>Disclaimer: This report must not be used as a singular basis of any trading decision. Please refer to <a href="https://www.delta.exchange/research-disclaimer">https://www.delta.exchange/research-disclaimer</a> for analyst disclaimer and other disclosures.

Sideways View on BTCUSDT Welcome to Daily Trade Setups. Trade:

 * Sell Put BTC  - 37000 -  15  December expiry at 50$

Stop Loss: Premium of $100 Target: Premium of $0 Payoff: Max Profit: $50/BTC Max Loss : $50/BTC

Rationale: Following an impressive surge in BTC, we observed a retracement from the 448900 levels, leading to a dip in BTC’s value to 40250.

Disclaimer: This report must not be used as a singular basis of any trading decision. Please refer to https://www.delta.exchange/research-dis

Trade Setup 12 Dec 23