📊 BTCUSD 13th January 2025 Daily Analysis Based on Main Key Levels

BTCUSD is trading near critical levels, offering traders opportunities to capitalize on precise resistance and support zones. This analysis provides a comprehensive breakdown of key levels, swing high, swing low, and trade setups based on technical indicators like Fibonacci retracement, RSI divergence, and MACD crossing.

🔍 Summary of Key Levels

Daily Current Market Price (DCMP): 94,229

Resistance Levels (Above DCMP):

🔴 Resistance 1: 95,156

🔴 Resistance 2: 95,552

🔴 Resistance 3: 96,193

Support Levels (Below DCMP):

🟢 Support 1: 91,747

🟢 Support 2: 89,023

🟢 Support 3: 84,612

Swing Levels:

Swing High: 102,760

Swing Low: 91,215

🔍 Technical Analysis

The Daily Current Market Price (DCMP) of 94,229 is positioned between critical resistance and support levels. Resistance levels above DCMP indicate potential sell opportunities, while support levels below DCMP suggest buy opportunities.

Key Technical Indicators:

Fibonacci Levels: Resistance and support zones align closely with Fibonacci retracement and extension levels, confirming their importance.

RSI Divergence: RSI remains neutral, with no immediate overbought or oversold conditions.

MACD Crossing: Momentum is slightly bearish, suggesting a possible test of support levels before any upward price movement.

🔍 Trade Setups

Intraday Buy Trade Setup

📍 Entry Price: 🟢 91,747

🛡️ Stop Loss: 🛑 89,023

🎯 Take Profit 1: 🟢 94,515

💰 Take Profit 2: 🟢 95,156

This trade setup focuses on the strong support level at 91,747, which aligns with Fibonacci retracement levels and pivot zones. The MACD indicator suggests potential bullish momentum near this level.

Intraday Sell Trade Setup

📍 Entry Price: 🔴 96,157

🛡️ Stop Loss: 🛑 96,552

🎯 Take Profit 1: 🔴 94,515

💰 Take Profit 2: 🔴 91,747

This trade setup emphasizes the resistance level at 96,157, which aligns with Fibonacci extension levels and pivot zones. RSI indicates potential overbought conditions near this zone, and MACD suggests bearish divergence, supporting a downward move.

🔍 Daily Support and Resistance Levels

Resistance Levels: 95,156, 95,552, 96,193

Support Levels: 91,747, 89,023, 84,612

Conclusion

BTCUSD is trading near pivotal levels, with 91,747 acting as a strong support zone and 96,157 as a significant resistance level. These levels provide structured opportunities for both buying and selling trades. By incorporating technical indicators like Fibonacci retracement, RSI, and MACD, traders can refine their strategies and improve trade precision.