$BNB ｜4-hour MACD｜Golden cross below the zero line
Before looking at fund flows, first understand MACD.
MACD was developed by Gerald Appel. Its commonly used settings are 12, 26, and 9, and it uses the difference between a fast and a slow EMA to gauge trend strength.
MACD is better suited to identifying direction in trending markets than to finding specific tops and bottoms.
Indicators can fail, so don’t skip your stop-loss: deciding in advance what to do if you’re wrong is more important than guessing correctly.
#BNB
Be aware of the risks and make your own decisions.
Before looking at fund flows, first understand MACD.
MACD was developed by Gerald Appel. Its commonly used settings are 12, 26, and 9, and it uses the difference between a fast and a slow EMA to gauge trend strength.
MACD is better suited to identifying direction in trending markets than to finding specific tops and bottoms.
Indicators can fail, so don’t skip your stop-loss: deciding in advance what to do if you’re wrong is more important than guessing correctly.
#BNB
Be aware of the risks and make your own decisions.