Technical Notes | $PUMP | 4-Hour MACD | Bullish Crossover Below the Zero Line
First, a definition: MACD was originally developed by Gerald Appel. Its default settings are 12, 26, and 9, and it measures trend strength by comparing the difference between the fast and slow EMAs.
A common interpretation: In a sideways market, DIF and DEA tend to intertwine, and bullish and bearish crossovers occur frequently. In these conditions, the crossovers have little significance.
Indicators can be inaccurate, so don’t skip your stop-loss: Thinking in advance about what you’ll do if you’re wrong is more important than whether your prediction is accurate.
Just my personal opinion—not investment advice.
First, a definition: MACD was originally developed by Gerald Appel. Its default settings are 12, 26, and 9, and it measures trend strength by comparing the difference between the fast and slow EMAs.
A common interpretation: In a sideways market, DIF and DEA tend to intertwine, and bullish and bearish crossovers occur frequently. In these conditions, the crossovers have little significance.
Indicators can be inaccurate, so don’t skip your stop-loss: Thinking in advance about what you’ll do if you’re wrong is more important than whether your prediction is accurate.
Just my personal opinion—not investment advice.