overed
Short

BTCUSD , 240 , Short Idea

BITFINEX:BTCUSD   Bitcoin / Dollar
183 4 1
Based on RSI and Stoch RSI , if the price of BTC making higher highs ( trending higher ) and a RSI ( oscillator ) making lower highs ( Trending Lower ) , a bearish divergence exist.

Any feedback is appreciated.
Hello, Divergence is a good indicator if combined with other technical tools. Otherwise, using divergences solely for trades is not a reliable signal. IMHO.
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overed Technician
Thank you for your feedback Technician.

What would you suggest to use for beginners like me ? Some kind of patterns , main indicators, etc. I appreciate your help and looking forward to hear from you :)

P.S. I was mainly in the Fundamental part of BTC and therefore I am not that good in the Technical part. However, I would love to learn anything from a knowledgeable technical annalists.

Cheer's
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Sure mate, the best thing to start with is to know who to spot a trend, through the highs and lows. Which is the main cornerstone of technical analysis. You can learn technical analysis properly if you bypass this concept and start somewhere else.
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overed Technician
This one should be more detailed
BTCUSD New
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