⚡ BTCUSD Daily Analysis Based on Main Key Levels – 16th April 2025

Daily Current Market Price (DCMP): 🏷️ 83,402

Price context: DCMP trades above immediate supports (81,745–82,829) but below critical resistances (85,667–87,421).

📊 Key Levels Breakdown

Resistance/Sell Zones (Above DCMP)

R1: 🚨 85,667 (Intraday Sell Trigger)

R2: ⚡ 86,337 (Fibonacci 61.8% Resistance)

R3: 🔥 87,421 (Swing High Congestion Zone)

Support/Buy Zones (Below DCMP)

S1: 🛡️ 82,829 (Strong Fibonacci 38.2% Support)

S2: 🔄 81,745 (Swing Low Anchor)

S3: 🛑 76,960 (Breakdown Floor)

🔍 Technical Analysis Snapshot

Swing Levels:

Swing High: 88,772 (4H/Daily Ceiling)

Swing Low: 81,138 (4H/Daily Floor)

Fibonacci: 50% retracement at 84,583 aligns with DCMP consolidation.

RSI: Neutral at 49 (No divergence observed).

MACD: Bullish crossover emerging on 4H chart.

💡 Intraday Trade Setups

Buy Trade Idea

Entry: 🟢 81,410 (Retest of Weekly Support Cluster)

Stop Loss: 🔴 79,200 (-2,210 | Below S2)

Take Profit 1: 🟡 83,499 (+2,089 | Intraday Target)

Take Profit 2: 🟢 85,667 (+4,257 | R1 Breakout)

Sell Trade Idea

Entry: 🔴 85,860 (Retest of Fibonacci 78.6% Resistance)

Stop Loss: 🟢 87,500 (+1,640 | Above R3)

Take Profit 1: 🟡 83,402 (-2,458 | DCMP Reversion)

Take Profit 2: 🔴 81,138 (-4,722 | Swing Low Target)

📉 Critical Technical Drivers

Price Action: Close above 85,667 (R1) confirms bullish momentum; breakdown below 81,745 (S2) signals bearish continuation.

MACD Divergence: Rising histogram bars on 4H suggest accumulation near support zones.

Fibonacci Confluence: 61.8% resistance at 86,337 overlaps with weekly sell zone for high-probability reversal setups.