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$BTC A Bit More Dip Left!?
If the price can not get above the 5 min 200MA and stay above the 1 min 200MA, price action will likely visit the 1D 200MA near $106,334.
Why the 1D 200MA?
Simple, we are below the 4hr 200MA. This is normal for the algorithm.
Its also one of my prior targets...
Im getting ready to long when the bottom signals are getting stronger.
The green Adam and Eve double bottom reversal formation target to the upside will be $124,084. That's the target if we get the dip to $106,334.
The U or Eve bottom is where we find the measured move.
NFA, DYOR ⚠️
#Crypto Trading #BTC