Folks, there’s a new development: $ATOM The daily MACD has formed a bullish crossover above the zero line.
When DIF and DEA cross, I get the urge to make a move—but luckily, I checked what it actually means first.
On a more serious note, MACD is calculated from moving averages, so it inherently lags: by the time a golden cross or death cross occurs, prices have often already moved quite a bit.
Before taking a leveraged position, think about whether you can handle the worst-case scenario. Then consider what the indicators are telling you.
#ATOM
Make your own decisions about when to enter and exit. Don’t follow blindly.
When DIF and DEA cross, I get the urge to make a move—but luckily, I checked what it actually means first.
On a more serious note, MACD is calculated from moving averages, so it inherently lags: by the time a golden cross or death cross occurs, prices have often already moved quite a bit.
Before taking a leveraged position, think about whether you can handle the worst-case scenario. Then consider what the indicators are telling you.
#ATOM
Make your own decisions about when to enter and exit. Don’t follow blindly.