top of page

BTCUSD Daily Market Analysis – 18th NOV 2024 by Kohinoor Free VIP Signals

Kohinoor Free VIP Trading Signals

💬 WhatsApp Kohinoor Free VIP Signals: https://www.freevipforexgoldsignals.com for FREE Gold Forex Live Trade Setups & Market Analysis!🥇 Join our FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals


🚀 Current BTCUSD Market Price: $90,615


BTCUSD Intraday Signals by Kohinoor Free VIP Signals

🥇 Join our FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals

Signal 1:

  • Trade Type: BUY

  • Entry: 90,200

  • Stop Loss (SL): 89,700

  • Take Profit (TP) 1: 90,900

  • Take Profit (TP) 2: 91,500

Signal 2:

  • Trade Type: SELL

  • Entry: 91,200

  • Stop Loss (SL): 91,700

  • Take Profit (TP) 1: 90,600

  • Take Profit (TP) 2: 90,100

💡 Disclaimer:Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital. Ensure proper risk management and seek independent advice if necessary. Not Financial Advice. Trade at your own risk.


Comprehensive BTCUSD Market Analysis

Overview

Bitcoin (BTCUSD) continues to attract attention with its recent bullish momentum, trading near $90,615. Using technical tools like Fibonacci Retracement Levels, EMAs, RSI Divergence, and Order Blocks, we’ll analyze potential price movements for intraday traders.


Key Indicators and Levels

Support & Resistance Levels
  • Daily Time Frame:

    • Support: $89,500 | $88,700

    • Resistance: $91,000 | $91,800

  • 4-Hour Time Frame:

    • Support: $89,800 | $89,300

    • Resistance: $90,900 | $91,300

Fibonacci Retracement Levels
  • Daily Swing Levels:

    • 23.6%: $89,850

    • 38.2%: $89,200

    • 61.8%: $91,000

EMA Levels
  • Daily EMAs:

    • EMA 50: $89,600

    • EMA 100: $88,900

    • EMA 200: $87,500

    • EMA 400: $85,800

  • 4-Hour EMAs:

    • EMA 50: $90,300

    • EMA 100: $90,000

    • EMA 200: $89,700

    • EMA 400: $89,200

RSI Divergence
  • RSI shows mild bearish divergence on the 4-hour chart, signaling a potential short-term pullback.

Order Blocks
  • Daily: $89,200–$89,800

  • 4-Hour: $90,000–$90,500

MACD Analysis
  • The MACD on the daily chart shows bullish momentum with increasing histogram bars, suggesting a possible continuation of the uptrend.


Fundamental Analysis & USD News

📊 The US Retail Sales Data, due later this week, is expected to influence BTCUSD. A strong dollar might weigh on Bitcoin’s price, while weak data could fuel further upside momentum.



BTCUSD Daily Analysis Summary by Kohinoor Free VIP Signals

🥇 Join our FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals

BTCUSD

📌 Key Levels to Watch:

  • Daily Support & Resistance: $89,500 | $91,800

  • 4-Hour Support & Resistance: $89,800 | $91,300

  • EMAs:

    • Daily EMA 50: $89,600 | 4-Hour EMA 50: $90,300

  • Pivots:

    • Weekly: $89,700 | $90,500 | $91,200

    • Daily: $90,000 | $90,800 | $91,400

  • Fibonacci: Daily 61.8% at $91,000

FAQs

1.Why is Kohinoor Free VIP Signals the best signal provider?

Kohinoor Free VIP Signals offers FREE forex, gold, and crypto signals, educational blogs, and eBooks for all traders. Learn More


2.Which brokers are trusted for gold, forex, and crypto trading?

We recommend brokers like:

3.What makes a good trading signal provider?

A good provider offers accuracy, educational resources, and reliable support. Kohinoor Free VIP Signals delivers on all fronts!


4.Can beginners use BTCUSD signals effectively?

Yes, with proper risk management and learning from Kohinoor's free resources, beginners can benefit significantly.


5.How does USD news impact BTCUSD trading?

USD news events can influence Bitcoin’s volatility as they affect global market sentiment.


6.Are Kohinoor’s signals suitable for short-term trading?

Absolutely! Our signals are designed for intraday traders seeking quick profits.


7.What is RSI divergence, and how is it used?

RSI divergence highlights potential trend reversals, a vital tool in intraday trading strategies.


8.Where can I access Kohinoor’s free educational resources?

Explore free eBooks and trading articles here:



Hashtags:

Comments


bottom of page