Gold By NextElliott

Silver April 29th 2025

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Bitcoin (BTC) Scalping Setup ( April 30th 2025): Technical Analysis



Key Levels:

1. Support: $93,900
2. Resistance: $95,257

Time Frame: Intraday Scalping (5-minute or 15-minute charts)
Market Overview:
Bitcoin (BTC) is currently consolidating in a relatively tight range between support at $93,900 and resistance at $95,257. This market structure is ideal for scalping, as the price tends to make short, quick moves between these levels, providing multiple opportunities for small, yet consistent, profits.
Support Level ($93,900):

1. Significance: This is a critical support zone that has held strong in recent price action. If the price continues to test this area and holds, it suggests that buyers are stepping in at this level, potentially looking for an upward reversal.
2. Technical Indicators:
   1. RSI (Relative Strength Index): Watch for the RSI near or below 30 (indicating oversold conditions). A rebound off the support level combined with an RSI divergence would signal strong buying pressure.
   2. Volume: Volume spikes near this level could signal that demand is increasing as the price approaches support. A higher-than-average volume at support could confirm the potential for a bounce.

Resistance Level ($95,257):

1. Significance: Resistance at $95,257 has proven to be a tough barrier, with the price failing to break above this level in recent tests. Scalpers should be aware of short-term rejection at this point, as it may provide an opportunity to enter a short position.
2. Technical Indicators:
   1. MACD: Look for a bearish MACD crossover near this resistance level. A MACD divergence can signal weakening bullish momentum, hinting at a potential reversal or consolidation.
   2. Candlestick Patterns: Candlestick formations such as Doji, Shooting Star, or Engulfing Patterns near this resistance would signal exhaustion in the uptrend and a higher probability of a pullback.

Trade Setup:

1. Scalping Long (Buy) Setup:
   1. Entry: Enter long near $93,900 support if the price holds and shows signs of a rebound (e.g., candlestick reversal patterns, RSI divergence).
   2. Stop Loss: Place the stop just below $93,500 to protect against a deeper breakdown.
   3. Target: Set an initial target at $94,800 (near the middle of the range) and a final target near $95,000, keeping a risk-to-reward ratio of at least 1:2.

2. Scalping Short (Sell) Setup:
   1. Entry: Enter short near $95,257 resistance if the price fails to break higher and starts to show signs of rejection (e.g., a bearish candlestick formation or RSI divergence).
   2. Stop Loss: Place the stop slightly above $95,500 to account for any potential false breakouts.
   3. Target: Set the first target at $94,500 and the second at $93,900, aligning with support.

Additional Insights:

1. Volume Analysis: Scalpers should always monitor volume to confirm the strength of price moves. A break above resistance with declining volume would be a cautionary signal, as it suggests the move might be unsustainable.
2. Intraday Sentiment: Keep an eye on broader market sentiment (especially in crypto-related news or macroeconomic events) as it can affect the short-term price action.

Conclusion:
This scalping setup offers multiple opportunities within a clear range. As the price fluctuates between $93,900 (support) and $95,257 (resistance), traders can use technical indicators to manage entry and exit points effectively. Tight stop-losses and quick, targeted gains are crucial for success in this type of strategy, as Bitcoin can be highly volatile in these intraday moves.
Happy trading, and always manage risk effectively!

Bitcoin (BTC) Scalping Setup ( April 30th 2025): Update

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Bitcoin (BTC) Scalping Setup ( April 30th 2025): Update

Trade closed: target reached
Bitcoin's Meteoric Rise: A Precision Forecast Fulfilled!

The markets have spoken, and as predicted, Bitcoin (BTC) has soared to meet the target of $93,900, validating the accuracy of my resistance and support zones. The analysis was spot on—both in terms of timing and price action—proving that technical analysis, when done right, can be an incredibly powerful tool.

From carefully plotted support zones to the crucial resistance levels, every indicator pointed to this very moment. The precise targeting of $93,900 was a culmination of in-depth market observation, trend analysis, and a deep understanding of BTC’s price action. As Bitcoin surged to meet my forecast, it wasn’t just a triumph of numbers, but a celebration of strategy, experience, and patience.

The path leading to this target wasn’t always linear, but every pivot, every retracement, and every candlestick pattern worked in perfect harmony to bring us to this remarkable milestone. For those who followed my analysis, this is a true testament to the art and science of predicting market movements.

Here’s to accurate forecasting, profitable gains, and more targets ahead. Let's keep the momentum going!

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Bitcoin (BTC) Scalping Trade Setup: Successful Execution of Buy and Sell Strategies
Overview:
The recent intraday scalping setup for Bitcoin (BTC) within the defined range of $93,900 (support) and $95,257 (resistance) provided multiple profitable opportunities. By adhering to a disciplined approach based on technical indicators and key price levels, both long (buy) and short (sell) trade setups yielded favorable results, demonstrating the effectiveness of the strategy in a consolidating market structure.
Trade Setup Execution:

1. Scalping Long (Buy) Setup:
   1. Entry: The long position was initiated near the support level of $93,900, where the price held steady, and key technical indicators like RSI and candlestick reversal patterns indicated potential for a rebound. The support zone demonstrated resilience, as expected, with a clear bullish reversal signal confirmed by RSI divergence.
   2. Stop Loss: A tight stop loss was placed just below $93,500, safeguarding the trade against a deeper breakdown.
   3. Target: The first target was set at $94,800, representing the midpoint of the range, with a final target near $95,000. Both targets were reached as the price bounced off the support and moved toward resistance, generating a risk-to-reward ratio of at least 1:2.
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2. Scalping Short (Sell) Setup:
   1. Entry: The short position was executed near the resistance level of $95,257 after the price showed signs of rejection, as indicated by a bearish candlestick formation (e.g., a Shooting Star) and RSI divergence. The failure to break above this level triggered a bearish sentiment, making the short trade setup valid.
   2. Stop Loss: The stop was placed just above $95,500, accounting for any potential false breakouts or spikes above resistance.
   3. Target: The first target was set at $94,500, and the second target near $93,900 (support level). As expected, the price reversed from the resistance zone and reached both targets, resulting in another profitable trade.
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Volume and Sentiment Analysis:
Throughout the trades, volume analysis played a key role in confirming the strength of price moves. Volume spikes at support validated the long setup, while declining volume during the resistance test cautioned against any false breakouts during the short setup. Market sentiment remained neutral, allowing for the technical analysis to guide the trade execution with precision.
Conclusion:
Both the buy and sell scalping setups effectively capitalized on the defined support and resistance levels of Bitcoin, yielding profitable trades with well-managed risk. The use of technical indicators such as RSI, MACD, candlestick patterns, and volume analysis proved instrumental in determining the optimal entry and exit points. Traders who adhered to the strategy's guidelines and maintained discipline enjoyed successful execution, reinforcing the potential of this scalping strategy in consolidating market conditions.
Key Takeaway: This intraday scalping approach, centered around clear support and resistance levels, tight stop-losses, and quick, targeted profits, offers a reliable framework for trading Bitcoin with minimal exposure and consistent gains in volatile, range-bound markets. Always remember to manage risk effectively and stay informed about broader market sentiment.

Silver May 1st 2025 : Update

Breakdown below local support levels near $33.50
If confirmed, I will consider initiating short positions, with targets around:
First Target: $32.60
Second Target: $31.80
Stop-Loss: Above $34.50 (structure-based)
First target 32.6 achieved.. Approaching towards my 2nd target 31.8..

Silver May 1st 2025 : Update

Silver 2nd target 31.8 reached just now...

Profit-Driven Market Analysis for BTC, Silver — and More Coming Soon
Looking to level up your trading with accurate, professional market insights? My Market Analyst Service delivers high-precision analysis and actionable trade setups focused on Bitcoin (BTC) and Silver — with Gold and major currency pairs (Forex) coming soon.
Backed by a track record of high-accuracy price projections and real-time trade alerts, this subscription gives you the tools to trade with confidence, not guesswork.
What’s Included:

1. Weekly technical analysis for BTC & Silver
2. Clear entry, stop-loss, and target levels
3. Actionable trade setups & chart breakdowns
4. Ongoing support and direct access for questions
5. Exclusive updates as I expand to Gold & major FX pairs (EUR/USD, GBP/USD, etc.)

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Whether you’re a day trader, swing trader, or long-term investor, this service is built to help you maximize your edge in volatile markets.
Subscribe today to get ahead — and stay ahead — with elite market guidance.

Bitcoin on the Brink: Short-Term Surge Toward $116K

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Bitcoin (BTC) is currently trading at approximately $96,390, approaching the $116,000 mark. Here's a short-term analysis using Cycle Analysis, Elliott Wave Theory, and Gann Analysis to inform potential trading strategies.
________________________________________
Cycle Analysis: Mid-2025 Surge
Historical patterns suggest that Bitcoin tends to reach its peak between 518 and 546 days after a halving event. Given the most recent halving in April 2024, analysts anticipate a potential price peak around mid-2025, approximately 1.5 years post-halving. Notably, Bitcoin is currently about 35 days ahead of its typical cycle, indicating a possible acceleration in price growth.
________________________________________
Elliott Wave Analysis: Wave 3 in Progress
Elliott Wave Theory suggests that Bitcoin is currently in the third wave of its bullish cycle, which is typically the most powerful and extended wave. Recent analyses indicate that the third wave is unfolding, with potential targets ranging from $114,500 to $120,500. A conservative estimate places the peak of this wave between $127,000 and $150,000
________________________________________
Gann Analysis: Price-Time Equilibrium
Gann Analysis utilizes geometric angles to predict price movements. The "2×1 Fan" line, representing a 45-degree angle, is considered a fair value line. Historically, Bitcoin's price has peaked near this line during parabolic run-ups. Currently, Bitcoin's price is approaching this level, suggesting a potential peak.
________________________________________
Short-Term Trade Setup
Entry Points:
• Accumulation Zone: $85,000 to $90,000
• Current Price: $96,390
Target Levels:
• Short-Term Peak: $116,000 to $135,000
• Medium-Term Peak: $150,000
Risk Management:
• Potential Correction: After reaching the peak, anticipate a significant pullback, possibly 30–50%.
• Exit Strategy: Consider taking profits as Bitcoin approaches upper resistance zones.
________________________________________
Conclusion
Bitcoin is in the final stages of its current bullish cycle, with projections indicating a potential peak between $150,000 and $278,000. However, caution is warranted as market corrections are typical following such surges. Investors should consider taking profits as Bitcoin approaches upper resistance levels and prepare for potential pullbacks.

BTCUSD Chart Analysis & Trade Plan



Instrument: BTCUSD
Trade Setup: Long
Entry Price: $96,900
Take Profit (TP): $103,500
Stop Loss (SL): $93,830
Risk-Reward Ratio (RRR): 2.15
Timeframe Observed: 4H / Daily
Time Horizon: 2–4 days
Strategy Type: Trend Continuation

Technical Overview
Trend: BTCUSD is exhibiting a bullish continuation pattern, forming higher lows and higher highs on both 4H and Daily charts.

Support Levels:

Primary: $96,500–$96,900 (current entry zone, previous breakout retest zone)

Secondary: $94,800 (key horizontal + Fibonacci retracement support)

Resistance Levels:

Short-term: $100,800

Medium-term: $103,500 (aligned with Gann and Elliott targets)

Elliott Wave Analysis
Primary Wave Count (4H chart):

BTCUSD appears to be in Wave 3 of (3) of a bullish impulse cycle.

Wave (2) retracement completed near $96,000 with a sharp ABC correction.

Wave (3) projection gives a Fibonacci extension target:

100% of Wave 1 = ~$103,500 — aligning with our TP zone.

Subwaves inside Wave 3:

Wave i and ii completed.

Currently progressing through Wave iii — often the strongest, highest momentum wave.

Implication: If Wave iii holds, BTCUSD could accelerate toward $103,500 within the next 48–72 hours.

W.D. Gann Analysis
Gann Fan (drawn from $60,000 low):

Price has reclaimed the 1x1 line (balance of time and price) around $96,000.

Next resistance lies near the 1x2 Gann angle at ~$103,300–$103,500.

Gann Square of 9 levels:

$96,800 is a key Gann pivot price.

The next natural harmonic level on the Square of 9 lies at $103,500, affirming this zone as a major Gann target.

Implication: Gann time/price analysis supports a rally to $103,500 before the next cycle pause.

Trade Plan Summary
Parameter Value
Entry $96,900
Take Profit $103,500
Stop Loss $93,830
RRR 2.15
Timeframe 2–4 Days

Justification:

Entry aligns with Elliott Wave corrective low (Wave 2).

Gann angle breakout confirms time/price balance in favor of bulls.

Confluence of Fibonacci projections, harmonic levels, and structural support.

Risk Notes
If BTCUSD fails to hold above the $96,500–$96,000 zone, reevaluation is needed.

Global macro factors and ETF flows should be monitored, as they could cause volatility.

Adjust your Stop loss if you want or if market demand... Happy Trading!

Just try your best to survive from Stop Hunt...

Note on Dynamic Market Conditions
Dear Traders,
As many of you are aware, the cryptocurrency market — particularly BTCUSD — is inherently dynamic and ever-evolving. Price action is influenced by a wide range of factors, including liquidity shifts, macroeconomic data, order book behavior, institutional flows, and evolving sentiment. Therefore, it's essential to understand that no analysis or trade plan is set in stone.
While I provide a well-reasoned trade setup with clearly defined entries, stop loss, and take profit levels based on current market structure, these parameters are not static. Instead, they are subject to refinement in response to real-time developments.
Why Adjustments Happen:

1. Volatility Expansion: Increased volatility may warrant a wider stop loss or an extended profit target.
2. Structure Shifts: If market structure (e.g., support/resistance or trendline integrity) changes, I recalibrate key levels accordingly.
3. News Events: Unexpected macroeconomic or geopolitical events can invalidate a previous outlook.
4. Confirmation Logic: Sometimes I wait for candlestick confirmations or trend continuations to adjust SL/TP zones for better probability setups.

Adaptive Risk Management
Adjusting stop loss and take profit is not a sign of weakness or inconsistency — it's a sign of strategic adaptability. Preserving capital and capturing optimal reward-to-risk scenarios requires an active approach. I always prioritize:

1. Minimizing drawdown
2. Maximizing favorable risk-reward opportunities
3. Responding in sync with current momentum and market psychology

Rest assured, every modification I make is grounded in objective market behavior, not emotional reaction. All updates are transparently communicated to help you understand the evolving rationale.
Stay flexible. Stay informed. Stay profitable.
— NextElliott

26

Expecting price reversal for Btc soon.. After few hours. Present price 93800

BTC

BTC - Update

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BTC nicely following my arrow direction...

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Profit-Driven Market Analysis for BTC, Silver — and More Coming Soon
Looking to level up your trading with accurate, professional market insights? My Market Analyst Service delivers high-precision analysis and actionable trade setups focused on Bitcoin (BTC) and Silver — with Gold and major currency pairs (Forex) coming soon.
Backed by a track record of high-accuracy price projections and real-time trade alerts, this subscription gives you the tools to trade with confidence, not guesswork.
What’s Included:

 

1. Weekly technical analysis for BTC & Silver
2. Clear entry, stop-loss, and target levels
3. Actionable trade setups & chart breakdowns
4. Ongoing support and direct access for questions
5. Exclusive updates as I expand to Gold & major FX pairs (EUR/USD, GBP/USD, etc.)

All for just $49/month — basically the cost of my monthly coffee addiction, but way more profitable for you.
Whether you’re a day trader, swing trader, or long-term investor, this service is built to help you maximize your edge in volatile markets.
Subscribe today to get ahead — and stay ahead — with elite market guidance.

Contact : https://t.me/nextelliott