$PUMP 4-hour MACD forms a bullish crossover below the zero line, with opposing histogram bars persisting for 29 bars before the crossover.
Let’s use this data to talk about MACD.
The zero line is where DIF equals 0—that is, where the 12-period EMA and 26-period EMA coincide. When DIF is above the zero line, the short-term moving average is above the long-term moving average.
Shrinking histogram bars often show up before a crossover. Some people treat this as an early sign of weakening momentum, but this signal is also more prone to errors.
Leave plenty of room when sizing contract positions; don’t let a single wick-out knock you out of your position.
#PUMP
This is not investment advice. You are responsible for your own gains and losses.
Let’s use this data to talk about MACD.
The zero line is where DIF equals 0—that is, where the 12-period EMA and 26-period EMA coincide. When DIF is above the zero line, the short-term moving average is above the long-term moving average.
Shrinking histogram bars often show up before a crossover. Some people treat this as an early sign of weakening momentum, but this signal is also more prone to errors.
Leave plenty of room when sizing contract positions; don’t let a single wick-out knock you out of your position.
#PUMP
This is not investment advice. You are responsible for your own gains and losses.