【BTCJPY】A renewed downward attack to set a new low, a slide down

In the post dated August 10 titled “【BTCJPY】RSI suggested overbought, but...”, I described a situation where the price touched the 30% line, which is a gauge for oversold conditions, then rebounded forming a lower wick. I noted whether to target around 1,050,000 JPY above or to press the 30% RSI line below. In reality, the downside accelerated, and the price updated its lows by buying up the entire range of the previous bullish candlestick. Today, I want to observe again whether the price will move lower again, or with that momentum, whether it will press toward around 640,000 JPY.