$BTC ｜4-hour MACD｜Golden Cross Below the Zero Line
Before looking at fund flows, let’s first understand MACD.
The length of the bars reflects the gap between DIF and DEA. Bars growing longer one by one indicate that momentum in the current direction is strengthening, while shorter bars indicate it is weakening.
A golden cross above the zero line is often seen as a sign that a pullback in an uptrend is ending, while a golden cross below the zero line is more often viewed as a sign of a rebound during a downtrend.
Learning to read indicators isn’t difficult; the hard part is sticking to the rules when the market is at its most extreme.
Before looking at fund flows, let’s first understand MACD.
The length of the bars reflects the gap between DIF and DEA. Bars growing longer one by one indicate that momentum in the current direction is strengthening, while shorter bars indicate it is weakening.
A golden cross above the zero line is often seen as a sign that a pullback in an uptrend is ending, while a golden cross below the zero line is more often viewed as a sign of a rebound during a downtrend.
Learning to read indicators isn’t difficult; the hard part is sticking to the rules when the market is at its most extreme.