Market Notes｜$BTC ｜4-hour MACD｜Bearish crossover below the zero line
First, a definition: The difference between an EMA (exponential moving average) and a simple moving average is that the EMA gives more weight to recent prices, so it tends to respond more quickly.
Next, how to read it: Many people also look for bearish and bullish divergence: when the price makes a new high but the MACD does not, or when the price makes a new low but the MACD does not, this is often seen as a sign of weakening momentum.
Learning to read indicators isn’t difficult. The hard part is sticking to your rules when emotions are at their most extreme.
#BTC
First, a definition: The difference between an EMA (exponential moving average) and a simple moving average is that the EMA gives more weight to recent prices, so it tends to respond more quickly.
Next, how to read it: Many people also look for bearish and bullish divergence: when the price makes a new high but the MACD does not, or when the price makes a new low but the MACD does not, this is often seen as a sign of weakening momentum.
Learning to read indicators isn’t difficult. The hard part is sticking to your rules when emotions are at their most extreme.
#BTC