Whats is the money printer? The money printer formation happens after a retracement to the downside. Notice how most the moving averages are gathering tightly with price action? The yellow 200MA is gapped above. Thats the signal of some short-term price action on the horizon. Normally, the algorithm will push price action up to fill the gap between price action and the yellow 4hr 200MA. NFA, DYOR ⚠️ #Crypto #Trading #BTC
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$BTC 4Hr Money Printer Formation!? 👀
Whats is the money printer?
The money printer formation happens after a retracement to the downside.
Notice how most the moving averages are gathering tightly with price action?
The yellow 200MA is gapped above.
Thats the signal of some short-term price action on the horizon.
Normally, the algorithm will push price action up to fill the gap between price action and the yellow 4hr 200MA.
NFA, DYOR ⚠️
#Crypto #Trading #BTC