$ETH 4-hour MACD forms a bearish crossover below the zero line, with opposing bars lasting 18 bars before the crossover.
Guys, what is MACD? Here’s the explanation in a nutshell 👇
The difference between EMA (exponential moving average) and a regular moving average is that EMA gives more weight to recent prices, so it turns a little faster.
The longer the opposing bars continue before a crossover, the clearer the previous trend was. That’s why this crossover is often considered cleaner than one that occurs during choppy trading.
Reading indicators is easy. The hard part is still sticking to the rules when the market gets most exciting.
#ETH
Guys, what is MACD? Here’s the explanation in a nutshell 👇
The difference between EMA (exponential moving average) and a regular moving average is that EMA gives more weight to recent prices, so it turns a little faster.
The longer the opposing bars continue before a crossover, the clearer the previous trend was. That’s why this crossover is often considered cleaner than one that occurs during choppy trading.
Reading indicators is easy. The hard part is still sticking to the rules when the market gets most exciting.
#ETH