top of page
Writer's pictureK9 Investments

BTCUSD Daily Market Analysis 28 NOV 2024 by K9 Investments Trading

💬 WhatsApp us at www.k9investmentstrading.com for FREE Gold Forex Live Trade Setups & Market Analysis.


Live Price: $95,709


Intraday Signals for BTCUSD

🥇 FREE Gold Crypto Forex Trading Signals Telegram Channel: @K9_Investments_GoldTrading

Signal 1: Buy Setup

  • Trade Entry: $95,600

  • Stop Loss: $95,100

  • Take Profit 1: $96,300

  • Take Profit 2: $96,900

Signal 2: Sell Setup

  • Trade Entry: $96,100

  • Stop Loss: $96,600

  • Take Profit 1: $95,400

  • Take Profit 2: $94,800

Disclaimer: 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.


Comprehensive Market Analysis

Daily Overview of BTCUSD

At a live market price of $95,709, BTCUSD is trading near significant levels of support and resistance. The pair exhibits a bullish bias on the daily timeframe, supported by key technical indicators.

Key Levels to Watch

  • Daily Support: $94,500, $93,800

  • Daily Resistance: $96,300, $97,200

Technical Indicators

1. Fibonacci Retracement Levels

  • Daily Swing High: $97,500

  • Daily Swing Low: $93,000

  • Key Levels:

    • 38.2% Retracement: $94,950

    • 61.8% Retracement: $96,050

2. Exponential Moving Averages (EMA)

  • Daily Timeframe:

    • EMA 50: $94,800

    • EMA 100: $94,200

    • EMA 200: $93,600

    • EMA 400: $91,300

  • 4-Hour Timeframe:

    • EMA 50: $95,400

    • EMA 100: $95,000

    • EMA 200: $94,700

    • EMA 400: $94,100

3. RSI Divergence

The RSI on the 4-hour timeframe shows bullish divergence near the $94,800 level, suggesting a potential upward move if the level holds.

4. Order Blocks

  • Bullish Order Block: $94,600 - $95,000

  • Bearish Order Block: $96,300 - $96,600

5. MACD

The MACD on the daily timeframe shows a bullish crossover, with the histogram moving into positive territory, indicating increased buying momentum.

Upcoming USD News

Stay cautious of the following USD events, as they could significantly impact BTCUSD:

  • Non-Farm Payrolls (NFP) on Friday

  • Fed Chair Speech on monetary policy

  • GDP Growth Data expected this week

💡BTCUSD Daily Analysis Summary by K9 Investments Trading

🥇 FREE Gold Crypto Forex Trading Signals Telegram Channel: @K9_Investments_GoldTrading Get 60+ Free eBooks: https://www.k9investmentstrading.com/free-gold-forex-trading-ebooks

btcusd

Key Levels Recap:

  • Daily & 4-hour Support and Resistance:

    • Support: $94,500, $93,800

    • Resistance: $96,300, $97,200

  • EMA Levels:

    • Daily: EMA 50 ($94,800), EMA 100 ($94,200), EMA 200 ($93,600), EMA 400 ($91,300)

    • 4-Hour: EMA 50 ($95,400), EMA 100 ($95,000), EMA 200 ($94,700), EMA 400 ($94,100)

  • Fibonacci Levels:

    • 38.2%: $94,950

    • 61.8%: $96,050

FAQs

1.Why is K9 Investments the best signal provider?

K9 Investments offers FREE signals, educational resources, daily market analysis, and e-books to help traders master the market.

💎 Free Gold Forex Trading E-books Click Here

💡 Free K9 Trading Education Articles & Blog Learn More

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

We recommend brokers based on client feedback:

3.How do I start trading BTCUSD?

Start by joining K9 Investments and accessing our FREE resources.

4.What are the benefits of using K9 signals?

Our signals are 95% accurate, FREE, and include live setups.

5.Can I trade with $100?

Yes! Learn strategies for small accounts at K9 Trading Education.

6.Is BTCUSD suitable for beginners?

Yes, but we recommend using our educational materials for guidance.

7.What is the best time to trade BTCUSD?

BTCUSD is most volatile during U.S. market hours.

8.Does K9 Investments provide Forex education?

Yes! Access Level 1 Videos Here.



Hashtags:


Comments


bottom of page