$BTC 4-hour MACD formed a death cross below the zero line.
Let's use this figure to break down MACD.
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives more weight to recent prices, so it reacts a little faster.
A crossover by itself is just a signal. Whether the price can break through a key resistance level and whether trading volume confirms it are often used for further validation.
Leave enough room in your futures positions; don't let a single wick knock you out.
#BTC
Let's use this figure to break down MACD.
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives more weight to recent prices, so it reacts a little faster.
A crossover by itself is just a signal. Whether the price can break through a key resistance level and whether trading volume confirms it are often used for further validation.
Leave enough room in your futures positions; don't let a single wick knock you out.
#BTC