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$BTC Money Printer Formation On Multiple Timeframes
8Hr, 22hr, 2D money printer formations visible for the chain reaction to the upside.
The money printer formation happens after a retracement to the downside.
Notice how most of the moving averages are gathering tightly with price action?
While the yellow 200MA is gapped above.
Normally the algorithm will push price action up to fill the gap between price and the 200MA.
These can be sharp movements with strong momentum.
NFA, DYOR ⚠️
#Crypto #Trading #BTC