The $UNI 4-hour MACD formed a death cross below the zero line, with opposite-direction histogram bars persisting for 6 bars before the crossover.
Let’s break this number down.
MACD was developed by Gerald Appel in the 1970s. Its default settings are 12, 26, and 9, and it measures price momentum using the difference between a fast and a slow EMA.
A death cross above the zero line is often interpreted as a slowdown in upward momentum; it doesn’t necessarily mean the trend has ended. A death cross below the zero line is more often seen as a continuation of the downtrend.
Extreme data usually means greater volatility. In such conditions, it’s better to reduce leverage rather than make a large bet.
#UNI
Let’s break this number down.
MACD was developed by Gerald Appel in the 1970s. Its default settings are 12, 26, and 9, and it measures price momentum using the difference between a fast and a slow EMA.
A death cross above the zero line is often interpreted as a slowdown in upward momentum; it doesn’t necessarily mean the trend has ended. A death cross below the zero line is more often seen as a continuation of the downtrend.
Extreme data usually means greater volatility. In such conditions, it’s better to reduce leverage rather than make a large bet.
#UNI