Current QVX reading: LONG with moderate conviction.
Price at 64,119.71 sits between support 63,322.01 and resistance 64,413.21. Suggested entry: buy on pullback toward 63,500–63,800, with stop below 63,200. Target initial resistance at 64,413; a break above opens 65,200.
News of a potential Iran deal supports risk-on flows, aligning with QVX’s long bias. Position already in profit; trail stop to breakeven once price clears 64,200. Volume and momentum remain constructive, but avoid chasing above resistance—wait for confirmation or a retest.
Risk: geopolitical headlines can reverse quickly; keep position size moderate. 📊
#QVX #BTC #TradingStrategy
Price at 64,119.71 sits between support 63,322.01 and resistance 64,413.21. Suggested entry: buy on pullback toward 63,500–63,800, with stop below 63,200. Target initial resistance at 64,413; a break above opens 65,200.
News of a potential Iran deal supports risk-on flows, aligning with QVX’s long bias. Position already in profit; trail stop to breakeven once price clears 64,200. Volume and momentum remain constructive, but avoid chasing above resistance—wait for confirmation or a retest.
Risk: geopolitical headlines can reverse quickly; keep position size moderate. 📊
#QVX #BTC #TradingStrategy