$HYPE 4-hour MACD formed a golden cross below the zero line, after 23 consecutive opposing histogram bars before the crossover.
Let’s use this number as a chance to talk about MACD.
A golden cross occurs when DIF crosses above DEA, while a death cross occurs when DIF crosses below DEA. These correspond to the histogram changing from negative to positive and from positive to negative, respectively.
MACD is better suited to gauging momentum in a one-way market than to pinpointing exact highs and lows.
All data only describes price movements that have already happened; the market can move in the opposite direction at any time.
#HYPE
This is just an opinion; you’re responsible for your own profits and losses.
Let’s use this number as a chance to talk about MACD.
A golden cross occurs when DIF crosses above DEA, while a death cross occurs when DIF crosses below DEA. These correspond to the histogram changing from negative to positive and from positive to negative, respectively.
MACD is better suited to gauging momentum in a one-way market than to pinpointing exact highs and lows.
All data only describes price movements that have already happened; the market can move in the opposite direction at any time.
#HYPE
This is just an opinion; you’re responsible for your own profits and losses.