Bitcoin ready to fall lower in the short term, after a bit more sideway movements?
The PRISM oscillators look slightly bullish though, with the momentum in the positive, however, the acceleration/jerk ribbon looks to be losing strength.
PRISM
Relative Candle Volatility & Directionality Index (RCVI/RCDI)
CYBER ENSEMBLE
FUSIONGAPS V4 {50/15-Series} (Local Bullish/Bearish-Phase indicator)
The PRISM oscillators look slightly bullish though, with the momentum in the positive, however, the acceleration/jerk ribbon looks to be losing strength.
PRISM
Relative Candle Volatility & Directionality Index (RCVI/RCDI)
CYBER ENSEMBLE
FUSIONGAPS V4 {50/15-Series} (Local Bullish/Bearish-Phase indicator)
Note
See also my earlier longer timeframe analysis (25Sep19):
Note
Also for this present chart, looking at the RCVI, the volitality is starting to increase again, hinting of a possible more significant incoming move.
My earlier 22Sep19 post, successfully predicting the massive BTC dump 2 days later.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.