🐋 The $DOS 4-hour MACD has formed a death cross above the zero line.
People post about golden and death crosses every day, but what really matters is where they occur and what the preceding trend looks like.
The histogram is the difference between DIF and DEA; some charting platforms multiply it by 2 as well. The moment the histogram switches from negative to positive is when DIF crosses above DEA.
Learning to read indicators isn’t hard. The hard part is sticking to the rules when emotions are running high.
People post about golden and death crosses every day, but what really matters is where they occur and what the preceding trend looks like.
The histogram is the difference between DIF and DEA; some charting platforms multiply it by 2 as well. The moment the histogram switches from negative to positive is when DIF crosses above DEA.
Learning to read indicators isn’t hard. The hard part is sticking to the rules when emotions are running high.