🧭 $ERA : The daily MACD has formed a bullish crossover above the zero line, after 8 consecutive opposite-direction histogram bars.
【Term explained】What exactly does MACD calculate?
The MACD histogram is the difference between DIF and DEA. Many domestic trading platforms multiply it by 2; when the histogram turns from negative to positive, DIF has just crossed above DEA.
The bars often start getting shorter before the crossover. Some people treat this as an early signal of a change in momentum, but this signal is also more prone to being wrong.
Reading indicators isn’t difficult; the hard part is sticking to the rules when emotions are running high.
#ERA
Be aware of the risks and make your own decisions.
【Term explained】What exactly does MACD calculate?
The MACD histogram is the difference between DIF and DEA. Many domestic trading platforms multiply it by 2; when the histogram turns from negative to positive, DIF has just crossed above DEA.
The bars often start getting shorter before the crossover. Some people treat this as an early signal of a change in momentum, but this signal is also more prone to being wrong.
Reading indicators isn’t difficult; the hard part is sticking to the rules when emotions are running high.
#ERA
Be aware of the risks and make your own decisions.