Bullish View on BTCUSDT
Welcome to Daily Trade Setups.
Trade:
<ul>
<li>Buy BTC Perpetual future @ $27450</li>
<li>Sell 28000 Call option of 31 August expiry @ $110</li>
</ul>
Stop Loss: Spot 27190 
Target: Spot 28000
Payoff:
Max Loss at SL : $150/BTC
<img decoding="async" loading="lazy" class="aligncenter wp-image-32371 size-large" src="https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-11.31.19-AM-1024x364.jpeg" alt="" width="525" height="187" srcset="https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-11.31.19-AM-1024x364.jpeg 1024w, https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-11.31.19-AM-300x107.jpeg 300w, https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-11.31.19-AM-768x273.jpeg 768w, https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-11.31.19-AM-24x9.jpeg 24w, https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-11.31.19-AM-36x13.jpeg 36w, https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-11.31.19-AM-48x17.jpeg 48w, https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-11.31.19-AM.jpeg 1131w" sizes="(max-width: 525px) 100vw, 525px" />
Rationale:
On daily timeframe resistance of 26800 is broken, making the trend up.
<img decoding="async" loading="lazy" class="aligncenter wp-image-32372 size-large" src="https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-9.43.52-AM-1024x561.jpeg" alt="" width="525" height="288" srcset="https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-9.43.52-AM-1024x561.jpeg 1024w, https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-9.43.52-AM-300x164.jpeg 300w, https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-9.43.52-AM-768x421.jpeg 768w, https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-9.43.52-AM-24x13.jpeg 24w, https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-9.43.52-AM-36x20.jpeg 36w, https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-9.43.52-AM-48x26.jpeg 48w, https://prod-wp.delta.exchange/wp-content/uploads/2023/08/WhatsApp-Image-2023-08-30-at-9.43.52-AM.jpeg 1473w" sizes="(max-width: 525px) 100vw, 525px" />
 
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.

Bullish View on BTCUSDT

Welcome to Daily Trade Setups.

Trade:

 	Buy BTC Perpetual future @ $27450
 	Sell 28000 Call option of 31 August expiry @ $110

Stop Loss: Spot 

Trade Setup 30 Aug 23

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