A bit of chart-watching humor: $ZRO ’s daily MACD formed a death cross above the zero line.
DIF and DEA bumped into each other, and my hand immediately wanted to make a move. Luckily, I checked what it was first.
Seriously, a golden cross is when DIF crosses above DEA, and a death cross is when DIF crosses below DEA. The histogram bars correspondingly switch from negative to positive, or from positive to negative.
Comparing several indicators is more reliable than looking at just one, but even multiple signals can’t give you a definitive answer.
#ZRO
DIF and DEA bumped into each other, and my hand immediately wanted to make a move. Luckily, I checked what it was first.
Seriously, a golden cross is when DIF crosses above DEA, and a death cross is when DIF crosses below DEA. The histogram bars correspondingly switch from negative to positive, or from positive to negative.
Comparing several indicators is more reliable than looking at just one, but even multiple signals can’t give you a definitive answer.
#ZRO