Current QVX reading: LONG with moderate conviction. 📊
BTC at 78,955.65 sits between support 77,851 and resistance 80,923.69. QVX suggests buying on a pullback toward support, not chasing current price. My stop-out earlier keeps me flat; I’m waiting for a retest of 77,851–78,200 for re-entry.
If filled, initial target is 80,923.69, with a stop below 77,500 to limit downside. Position size reduced—moderate conviction does not justify full risk.
News on NVDA earnings is neutral for crypto; tech sentiment may add volatility, but QVX has not shifted. No change to plan. Patience for the entry level is the edge here.
#QVX #BTC #TradingStrategy
BTC at 78,955.65 sits between support 77,851 and resistance 80,923.69. QVX suggests buying on a pullback toward support, not chasing current price. My stop-out earlier keeps me flat; I’m waiting for a retest of 77,851–78,200 for re-entry.
If filled, initial target is 80,923.69, with a stop below 77,500 to limit downside. Position size reduced—moderate conviction does not justify full risk.
News on NVDA earnings is neutral for crypto; tech sentiment may add volatility, but QVX has not shifted. No change to plan. Patience for the entry level is the edge here.
#QVX #BTC #TradingStrategy