DELOREANKT
Divergences on Price/MRVR/MACD and Elliott
Last 3 moves we had very big divergences as you can see in price graph, if we compare BTC between MRVR and MACD on MRVR (12/200/9). This time we had low divergences between Price/MRVR. Will it be enough? I attach 2 ways in bitcoin: - Bullish: We have finished and abc to IV on "running flat" mode and now we are beginning wave 3-(5)-5-I. - Bearish: We could have finished bearish move, but it will depend if we break 52k. In that case we will have a confirmation. Instead of this, If Wave 5-I has finished on 69k down move have to end between 34.740 (about 32k) to 50% on wave I to II. This movement could be ended. Or ... we could drop till 61,8% to 26.540 if it still need one more down wave. - My own indicator are BULLISH as you can see in PRT graph, price (black line) is above 0, and above purple and blue line (slow and medium trend). Let's Go BTC!