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BTCUSD Daily Market Analysis—December 9, 2024 by Kohinoor Free VIP Signals

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BTCUSD Intraday Signals by Kohinoor Free VIP Signals

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Intraday Signals

Signal 1: Buy Signal

  • Trade Entry: 99,500 USD

  • Stop Loss: 99,300 USD

  • Take Profit 1: 99,800 USD

  • Take Profit 2: 100,000 USD


Signal 2: Sell Signal

  • Trade Entry: 99,400 USD

  • Stop Loss: 99,600 USD

  • Take Profit 1: 99,100 USD

  • Take Profit 2: 98,900 USD


Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure.

Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss, and Proper Risk Management.


Market Analysis

Support & Resistance Levels

  • Daily Support: 99,200 USD

  • Daily Resistance: 99,800 USD

  • 4-hour Support: 99,300 USD

  • 4-hour Resistance: 99,700 USD


Fibonacci Retracement Levels

  • Daily Swing Levels: 99,200 USD (38.2%), 99,400 USD (50%), 99,600 USD (61.8%)


Exponential Moving Averages (EMA)

  • Daily EMA (50): 99,450 USD

  • Daily EMA (100): 99,550 USD

  • Daily EMA (200): 99,650 USD

  • Daily EMA (400): 99,750 USD

  • 4-hour EMA (50): 99,400 USD

  • 4-hour EMA (100): 99,500 USD

  • 4-hour EMA (200): 99,600 USD

  • 4-hour EMA (400): 99,700 USD


RSI Divergence

  • Daily RSI: 55 (Neutral)

  • 4-hour RSI: 50 (Neutral)


Order Blocks

  • Daily Order Blocks: 99,250 USD, 99,550 USD

  • 4-hour Order Blocks: 99,350 USD, 99,450 USD


MACD

  • Daily MACD: Positive Crossover

  • 4-hour MACD: Negative Crossover


BTCUSD Daily Analysis by Kohinoor Free VIP Signals

BTCUSD Daily Analysis Summary by Kohinoor Free VIP Signals

🥇 FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals


Key Levels

  • Daily & 4-hour Support and Resistance: 99,200 USD, 99,800 USD, 99,300 USD, 99,700 USD

  • Exponential Moving Average (EMA) levels (50/100/200/400) on Daily Time Frame: 99,450 USD, 99,550 USD, 99,650 USD, 99,750 USD

  • Exponential Moving Average (EMA) levels (50/100/200/400) on 4hrs Time Frame: 99,400 USD, 99,500 USD, 99,600 USD, 99,700 USD

  • Weekly Pivots: 99,250 USD, 99,550 USD, 99,750 USD

  • Daily Pivots: 99,300 USD, 99,500 USD, 99,700 USD

  • Fibonacci Retracement levels: 99,200 USD (38.2%), 99,400 USD (50%), 99,600 USD (61.8%)


Fundamental Analysis and USD NEWS

📈 Upcoming important USD news this month includes the Federal Reserve's interest rate decision, which is expected to influence the Bitcoin (BTCUSD) market significantly. Traders should keep an eye on these events as they can cause significant volatility in the market.



FAQs

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

Kohinoor Free VIP Signals offers not only FREE signals but also educational resources, daily market analysis, and ebooks.


2.Which brokers are trusted for Gold Forex Crypto trading?

Based on client feedback, we recommend brokers like:


3.What are the benefits of using Kohinoor Free VIP Signals?

Kohinoor Free VIP Signals provides accurate and timely trading signals, educational resources, and market analysis, helping traders make informed decisions.


4.How can I join the Kohinoor Free VIP Signals Telegram channel?

You can join our FREE Telegram Channel by clicking here: @Kohinoorfreevipgoldforexsignals.


5.What is the risk management strategy recommended by Kohinoor Free VIP Signals?

We recommend using strict stop loss, taking partial profits, and employing proper risk management techniques to minimize losses.

6.How often are the signals updated?

Signals are updated daily and during market hours to provide real-time trading opportunities.

7.Can beginners use Kohinoor Free VIP Signals?

Yes, beginners can use our signals. We also provide educational resources to help them understand the market better.


8.What is the success rate of Kohinoor Free VIP Signals?

Our signals have a high success rate, backed by detailed market analysis and experienced traders.


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