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zippy1day

BTC Confluence of Channels

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Bitcoin (BITSTAMP:BTCUSD)  
zippy1day  
BITSTAMP:BTCUSD   Bitcoin
Parallel Channel Elliott Wave Moving Averages
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parallelchannel elliottwaves movingaverage
What I mean by this is we are slap bang in the middle of two competing regression channels that being the recent move up and the larger bearish channel from the ATH!

SMA#10 being the 4 year Simple Moving Average which is a thick Green Line

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