Bitcoin reached about previous predicted level, after "Bear Pivot" signal triggered in LIVIDITIUM signaling script.
However, PRISM oscillators still looking weak + PRISM's pSAR-based RSI still have same way to go before resetting. Expecting BTC to drop further to ~8400 USD (200 ema) if 9400 USD (100 ema) support fails to hold, which is also where the level2 lower AEONDRIFT band level lie atm.
On the 1D time scale, BTC is still in an "overbought" state base on Fast-LIVIDITIUM {F.LVDT} dynamic levels; noting the strong red-streaks >> which can be imagined as downward forces pulling the candles down towards the 0.6 guide equilibrium level. By falling down to 8400 USD will position the price just below the F.LVDT 0.6 equilibrium/neutral Guide line, which will turn the market to be healthily bullish again.
Note:In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
PRISM (PSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators),
and more to come.
Constructive feedback and suggestions are welcome.
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~JuniAiko (=^~^=)v~
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Trendline showing where to expect the PRISM's pSAR-based RSI might reverse next.
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See also complimentary chart to this analysis:
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^^ BTCUSD: PRISM Oscillators set + RSI analysis
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CHART UPDATE: BTC looks ready for a minor bounce up in the shorter (1-3 hr) timeframe; but looks like it still want to continue further down in the higher timeframe (1-3 D) for the RSI, as well as the PRISM's pSAR-based RSI to fully reset on the 1D chart. See: