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theansweris42
Jul 14, 2020 6:09 AM

Bearish Nested Base Channels. -33% Short

COINBASE:BTCUSD240
Bitcoin / United States DollarCoinbase

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BTC looks to be setting up for a move lower with 3 nested W1+W2 structures visible. I expect the 200 week SMA (Blue) to act as bedrock as it has done for the previous 6 years.
FibonacciParallel ChannelElliott Wavekennedy
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