$DOGE 4 hours MACD forms a golden cross below the zero line.
A beginner's burning question: What is MACD?
MACD values are related to the price of a coin, so directly comparing values across different coins isn't meaningful. What matters is the relationship between the crossovers and the zero line.
In sideways markets, DIF and DEA tend to tangle together, with golden and death crosses appearing frequently. These crossovers have little value as signals in such conditions.
Cross-checking several indicators is more reliable than looking at just one, but even more indicators can't give you a definitive answer.
#DOGE
This is just my personal opinion—don't use it as a basis for trading.
A beginner's burning question: What is MACD?
MACD values are related to the price of a coin, so directly comparing values across different coins isn't meaningful. What matters is the relationship between the crossovers and the zero line.
In sideways markets, DIF and DEA tend to tangle together, with golden and death crosses appearing frequently. These crossovers have little value as signals in such conditions.
Cross-checking several indicators is more reliable than looking at just one, but even more indicators can't give you a definitive answer.
#DOGE
This is just my personal opinion—don't use it as a basis for trading.