📊 BTCUSD 30th December 2024 Daily Analysis Based on Main Key Levels

📍 Daily Current Market Price (DCMP)

The current market price for BTCUSD is 93,091. This serves as a crucial reference point for identifying trading opportunities.

📉 Key Levels

🛑 Resistance (Above DCMP)

Resistance 1: 95,276

Resistance 2: 98,138

Resistance 3: 99,906

✅ Support (Below DCMP)

Support 1: 92,414

Support 2: 90,646

Support 3: 87,784

📉 Swing Levels

Swing High: 108,364

Swing Low: 92,118

Summary of Analysis

As of the current market price of 93,091 on December 30, 2024, key resistance levels above this price include 95,276, 98,138, and 99,906. The support levels below this price are 92,414, 90,646, and 87,784. The swing high is at 108,364, and the swing low is at 92,118.

Suggested Trades

💼 Intraday Buy Trade

Entry Price: ✨ 92,414

Stop Loss: ❌ 90,646

Take Profit 1: 🎯 93,091

Take Profit 2: 🎯 95,276

📌 Reason for Entry

The price is approaching a key support level at 92,414, indicating a favorable buying opportunity based on technical analysis.

💼 Intraday Sell Trade

Entry Price: ✨ 95,276

Stop Loss: ❌ 98,138

Take Profit 1: 🎯 93,091

Take Profit 2: 🎯 99,906

📌 Reason for Entry

Resistance at 95,276 suggests a potential selling opportunity, with targets set below this level.

Conclusion

This analysis provides a crisp overview of key levels and trade opportunities for BTCUSD as of December 30, 2024. By monitoring these levels, traders can make informed decisions in the current market environment. Stay tuned for more insights and happy trading!