Chart Notes｜$RLC ｜4-Hour MACD｜Death Cross Above the Zero Line
First, a definition: EMA (exponential moving average) differs from a simple moving average in that it gives more weight to recent prices, so it responds a little faster.
How to read it: MACD is better suited to confirming direction in trending markets than to pinpointing exact tops and bottoms.
Learning to read indicators isn’t hard. The challenge is sticking to the rules even when the market gets extremely volatile.
#RLC
Just my personal opinion; please take it with a grain of salt.
First, a definition: EMA (exponential moving average) differs from a simple moving average in that it gives more weight to recent prices, so it responds a little faster.
How to read it: MACD is better suited to confirming direction in trending markets than to pinpointing exact tops and bottoms.
Learning to read indicators isn’t hard. The challenge is sticking to the rules even when the market gets extremely volatile.
#RLC
Just my personal opinion; please take it with a grain of salt.