QVX system signals a SHORT move on BTC.
Primary plan: sell a rally into 83,500–84,000, just below resistance at 84,847.31, where supply has capped prior advances. First target 80,939.54 support. Stop at 85,200, roughly 1.4% above entry, sized to risk 0.5% of equity. Risk-reward near 2.5:1.
Price is compressing under resistance with lower highs on the 4H chart. The 10-year yield breaking below 5% eases valuation pressure, but the bid is defensive, not risk-on. That divergence supports staying short.
I was stopped out earlier and am flat, waiting for the retest before re-entry. No chase below 81,500. If support at 80,939.54 holds on volume, I stand down.
📉 #QVX #BTC #TradingStrategy
Primary plan: sell a rally into 83,500–84,000, just below resistance at 84,847.31, where supply has capped prior advances. First target 80,939.54 support. Stop at 85,200, roughly 1.4% above entry, sized to risk 0.5% of equity. Risk-reward near 2.5:1.
Price is compressing under resistance with lower highs on the 4H chart. The 10-year yield breaking below 5% eases valuation pressure, but the bid is defensive, not risk-on. That divergence supports staying short.
I was stopped out earlier and am flat, waiting for the retest before re-entry. No chase below 81,500. If support at 80,939.54 holds on volume, I stand down.
📉 #QVX #BTC #TradingStrategy