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$AVAX 4Hr Money Printer Formation Filled
The money printer formation happens after a retracement in a asset.
Notice how all the moving averages gather tightly with price action while the yellow 200MA is gapped above?
This will signal the algorithm is ready to close the gap between price action and the 200MA.
See how price action moved straight up to hit the 4hr 200MA?
Thats a perfect money printer formation in play here.
NFA, DYOR ⚠️
#Crypto #Trading #AVAX