BTC up (at least short-term)

Feb 5, 2018

There is a double bottom (the blue line) which might suggest a reverse in the downtrend.

The RSI divergence (orange lines pointing up and down) might also suggest that the price trend will turn up now (at least short-term).

On the other hand, OBV is not confirming it! It is not in divergence with price trend.

Feb 5, 2018

Note

To give the complete picture which is outside of the TA on the graph: I am not considering selling BTC now so I am not setting price targets to sell.

I am even saving some fiat bucks to be prepared to buy at even lower dips (which might happen like described here tradingview.com/chart/BTCUSD/EiN4hJtl-Update-BTCUSD-is-now-targeting-5580-6000/).

I go in partially with buy limit orders at levels that are attractive (6521, 7021, 5565, 7112). No sell orders set for now.

Feb 5, 2018

Note

Also my Google trend method predicts a local peak towards up today, but only a small one (on a 7d-range graph, not on a 30-day-range graph).

Feb 6, 2018

Note

It did not go up, but cool, my limit buys triggered (6521, 7021, 5565, 7112) except for the last one (5565).