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🚀 BTCUSD Daily Analysis Based on Main Key Levels

  • Neom
  • Mar 22
  • 1 min read

Daily Current Market Price (DCMP): 84,297


📊 Key Levels Summary


Above DCMP (Resistance):


Immediate Resistance: 84,804 (Weekly R1)

Major Resistance: 85,660 (Daily R3) & 90,177 (Weekly R3)


Below DCMP (Support):


Immediate Support: 81,483 (Weekly Pivot)

Major Support: 78,162 (Weekly S1) & 72,789 (Weekly S3)


Swing Levels (Daily/4H Timeframe):


Swing High: 95,152

Swing Low: 81,138


🔍 Technical Analysis Snapshot


Fibonacci Levels: Price retraced near 84,297 aligns with 61.8% Fib level from swing high (95,152) to low (81,138).


RSI Divergence: Neutral at 52, no clear overbought/oversold signals.


MACD: Histogram flattens near zero, suggesting consolidation.


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💡 Trade Setups


Intraday Buy Trade Idea


Entry: 🚀 81,483 (Weekly Pivot)

Stop Loss: 🛑 78,162 (Weekly S1)

Take Profit 1: 🎯 84,804 (Weekly R1)

Take Profit 2: 🎯 86,856 (Weekly R2)


Trigger: Bounce from Weekly Pivot with bullish MACD crossover.


Intraday Sell Trade Idea


Entry: 🚀 84,804 (Weekly R1)

Stop Loss: 🛑 85,660 (Daily R3)

Take Profit 1: 🎯 81,483 (Weekly Pivot)

Take Profit 2: 🎯 78,162 (Weekly S1)


Trigger: Rejection at Weekly R1 with RSI divergence.


📌 Conclusion


BTCUSD remains range-bound between 81,483 (support) and 84,804 (resistance). Traders should monitor Fibonacci extensions and MACD signals for breakout confirmation. Risk management via strict stop-loss levels is critical in volatile markets.

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