BTCUSD Daily Market Analysis—5 May 2025 by Kohinoor Free VIP Signals
- Kohinoor Free VIP Trading Signals
- 5 days ago
- 3 min read
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Current Market Overview
As of today, the BTCUSD market is live at $94,429. This analysis will delve into the daily and 4-hour timeframes, utilizing various technical indicators to provide a comprehensive market outlook.
Market Analysis
Support & Resistance Levels
In our analysis, we identify key support and resistance levels on both the daily and 4-hour timeframes.
Daily Timeframe:
Support Level: $93,500
Resistance Level: $95,000
4-Hour Timeframe:
Support Level: $94,000
Resistance Level: $94,800
Fibonacci Retracement Levels
Utilizing Fibonacci retracement levels, we observe the following daily swing levels:
Retracement Level 1: 23.6% at $93,800
Retracement Level 2: 38.2% at $94,200
Retracement Level 3: 61.8% at $94,800
Exponential Moving Averages (EMA)
The exponential moving averages are crucial for understanding market trends:
Daily Timeframe:
EMA 50: $93,800
EMA 100: $93,250
EMA 200: $92,500
EMA 400: $91,000
4-Hour Timeframe:
EMA 50: $94,100
EMA 100: $94,300
EMA 200: $94,600
EMA 400: $95,000
RSI Divergence
The Relative Strength Index (RSI) shows a divergence pattern that may indicate potential reversals. Currently, the RSI is at 65, suggesting the market is approaching overbought conditions.
Order Blocks
Identifying order blocks helps in understanding potential price reversals. Key order blocks can be found around the resistance levels mentioned above.
MACD Analysis
The MACD indicator is currently showing bullish momentum, with the MACD line above the signal line, indicating a potential upward movement in BTCUSD.
Fundamental Analysis
Upcoming USD news events include:
Non-Farm Payrolls (NFP): Scheduled for the first Friday of May, which historically impacts BTCUSD.
Federal Reserve Meeting: Watch for interest rate announcements that could affect market sentiment.
Summary
💡 BTCUSD Daily Analysis Summary by Kohinoor Free VIP Signals – WhatsApp for insights! FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals.
Key Levels
Daily Support Levels: $93,500
Daily Resistance Levels: $95,000
4-Hour Support Levels: $94,000
4-Hour Resistance Levels: $94,800
EMA Levels
Daily EMA Levels:
50: $93,800
100: $93,250
200: $92,500
400: $91,000
4-Hour EMA Levels:
50: $94,100
100: $94,300
200: $94,600
400: $95,000
Pivots
Weekly Pivots:
Level 1: $93,700
Level 2: $94,000
Level 3: $94,300
Daily Pivots:
Level 1: $93,800
Level 2: $94,200
Level 3: $94,600
Fibonacci Levels
Fibonacci Levels:
23.6%: $93,800
38.2%: $94,200
61.8%: $94,800
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