$ZRO On the daily chart, the MACD formed a bearish crossover above the zero line, after 22 consecutive histogram bars in the opposite direction.
A beginner asks: What is MACD?
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives greater weight to recent prices, so it turns a little faster.
The more consecutive bars in the opposite direction there are before a crossover, the clearer the preceding trend is. This kind of crossover is often considered a little more useful as a reference than one that occurs during choppy trading.
Rare data points usually indicate more dramatic volatility. At such times, it’s better to reduce your position rather than add to it.
#ZRO
Just a few notes, not trading advice.
A beginner asks: What is MACD?
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives greater weight to recent prices, so it turns a little faster.
The more consecutive bars in the opposite direction there are before a crossover, the clearer the preceding trend is. This kind of crossover is often considered a little more useful as a reference than one that occurs during choppy trading.
Rare data points usually indicate more dramatic volatility. At such times, it’s better to reduce your position rather than add to it.
#ZRO
Just a few notes, not trading advice.