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$BTC 1 Min Chart Analysis
After the 30 second 200MA is conquered by price action. (My last analysis)
The 1 min 200MA is next for the algorithm to naturally go to.
This is exactly what just happened.
I don't make the rules...
Just here to help you navigate the different timeframes of TA.
This also translates though the hourly charts and the daily charts.
Depends on the age of the asset. This strategy works on all assets.
Now if price can stay above the 1 min 200MA. We will see more upside.
If price action breaks below we go down.
Another thing to consider is we haven't seen a local double bottom here.
Double bottoms are basically programmed into the algorithm.
V bottoms are rare...
NFA, DYOR ⚠️
#Crypto #Trading #BTC