$PUMP ｜4-Hour MACD｜Death Cross Below the Zero Line
What is MACD? The difference between EMA (Exponential Moving Average) and a simple moving average is that EMA gives more weight to recent prices, so it turns a bit faster.
A death cross above the zero line is often seen as a slowing of upward momentum and does not necessarily mean the trend has ended; a death cross below the zero line is often seen as the downtrend continuing.
Indicators may be inaccurate, so stop-losses are essential: decide in advance how to handle a wrong judgment, which is more important than predicting correctly.
#PUMP
What is MACD? The difference between EMA (Exponential Moving Average) and a simple moving average is that EMA gives more weight to recent prices, so it turns a bit faster.
A death cross above the zero line is often seen as a slowing of upward momentum and does not necessarily mean the trend has ended; a death cross below the zero line is often seen as the downtrend continuing.
Indicators may be inaccurate, so stop-losses are essential: decide in advance how to handle a wrong judgment, which is more important than predicting correctly.
#PUMP