$PUMP On the daily chart, the MACD forms a bearish crossover above the zero line, with 13 opposing histogram bars before the crossover.
Guys, how do you read MACD golden and death crosses? Here’s the explanation in a nutshell👇
The histogram is the difference between DIF and DEA; some software multiplies it by 2. When the histogram switches from negative to positive, DIF crosses above DEA.
The histogram usually starts getting shorter before the crossover appears. Some people use this shortening as an early signal of a change in momentum, but it tends to be less reliable.
The point of understanding an indicator is to avoid being misled by a single number—not to use it to predict tops and bottoms.
#PUMP
Guys, how do you read MACD golden and death crosses? Here’s the explanation in a nutshell👇
The histogram is the difference between DIF and DEA; some software multiplies it by 2. When the histogram switches from negative to positive, DIF crosses above DEA.
The histogram usually starts getting shorter before the crossover appears. Some people use this shortening as an early signal of a change in momentum, but it tends to be less reliable.
The point of understanding an indicator is to avoid being misled by a single number—not to use it to predict tops and bottoms.
#PUMP