BTCUSD my BTCUSD target 1 reached 430+ pips bookedBTCUSD π BTCUSD 30th January 2025 Daily Analysis Based on Main Key Levels Daily Current Market Price (DCMP): 105,207 Key Levels Above DCMP (Resistance): 106,749, 107,577, 109,356, 109,911, 113,691 Below DCMP (Support): 103,797, 101,938, 101,117, 100,017, 99,787, 97,683, 93,903 Swing High: 109,356 | Swing Low: 99,462 Technical Analysis Summary Critical Zones: Immediate Resistance: 106,749 (aligned with Fib 0.382 retracement). Strong Sell Zone: 107,577 (confluence of Fib extension and historical resistance). Key Support: 103,797 (critical intraday demand area). Momentum Indicators: RSI hovers near neutral, suggesting indecision. MACD shows bearish momentum weakening near 103,797 support. Price Context: DCMP (105,207) trades between swing high (109,356) and low (99,462). A break above 106,749 could signal bullish reversal; failure at 103,797 risks retesting 99,462. Intraday Trade Setups π’ Trade Idea 1: Intraday Buy Entry: 103,797 π― (Critical Support) Stop Loss: 99,787 π Take Profit 1: 106,749 β
(Immediate Resistance) Take Profit 2: 109,356 β
(Swing High) Rationale: Bounce from 103,797 aligns with bullish divergence on lower timeframes and Fib 0.618 support. π΄ Trade Idea 2: Intraday Sell Entry: 107,577 π― (Strong Resistance) Stop Loss: 109,911 π Take Profit 1: 103,797 β
(Key Support) Take Profit 2: 101,938 β
(Next Demand Zone) Rationale: Rejection at 107,577 validates bearish RSI divergence and Fib 1.618 extension resistance. Final Insight BTCUSD remains range-bound between 103,797 and 109,356. Trade reversals at these levels with strict stop losses.BTCUSD π BTCUSD 29th January 2025 Daily Analysis Based on Main Key Levels π Daily Current Market Price (DCMP): 102,191 Key Levels Relative to DCMP: Resistances (Above 102,191): 103,099 (R1), 103,929 (R2), 105,274 (R3) Supports (Below 102,191): 101,754 (Intermediate), 100,409 (S1), 99,579 (S2) Swing High: 109,356 | Swing Low: 99,462 π Technical Analysis Overview Critical Support/Resistance: Strong support confluence at 100,017 (aligns with Fibonacci retracement). Immediate resistance cluster at 103,797 (Fib extension zone). Fibonacci Levels: Key retracement at 100,409β99,579 (support) and extension at 103,099β105,274 (resistance). RSI: Neutral at 48, no divergence observed. MACD: Flatlined, indicating consolidation. π‘ Intraday Trade Setups π’ Intraday Buy Trade Entry Price: 100,017 (Critical Support) π― Stop Loss: 99,579 (Below S2) β Take Profit 1: 101,754 (Intermediate Level) β
Take Profit 2: 103,099 (R1) β
Rationale: Strong buying zone at 100,017 (Fib + historical support). π΄ Intraday Sell Trade Entry Price: 103,797 (Key Resistance) π― Stop Loss: 109,911 (Above R2) β Take Profit 1: 103,099 (R1) β
Take Profit 2: 101,754 (Intermediate Level) β
Rationale: Resistance at 103,797 aligns with bearish rejection patterns. π Risk Management Tips Tighten stops if price breaches intermediate levels. Secure partial profits near Fibonacci extension zones (e.g., 103,099). π Critical Price Triggers Break Below 100,017: Accelerates decline toward 99,579β98,234 (lower supports). Break Above 103,797: Opens path to 105,274β109,356 (higher resistances).BTCUSD 150+ pips plus profit doneLoad more Load more