$ZEC 4 hours MACD forms a death cross below the zero line.
People post crossover signals every day. What really matters is where they occur and what the preceding trend was.
The zero line is where DIF equals 0, that is, where the 12-period EMA and 26-period EMA overlap. When DIF is above the zero line, the fast moving average is above the slow moving average.
Many people also watch for bearish and bullish divergences: when the price makes a new high but MACD fails to follow, or the price makes a new low but MACD fails to follow, this is often seen as a sign of weakening momentum.
Indicators can be inaccurate, so don't skip your stop-loss: deciding in advance what to do if you're wrong is more important than getting your prediction right.
#ZEC
This isn't necessarily right, so don't blindly follow it.
People post crossover signals every day. What really matters is where they occur and what the preceding trend was.
The zero line is where DIF equals 0, that is, where the 12-period EMA and 26-period EMA overlap. When DIF is above the zero line, the fast moving average is above the slow moving average.
Many people also watch for bearish and bullish divergences: when the price makes a new high but MACD fails to follow, or the price makes a new low but MACD fails to follow, this is often seen as a sign of weakening momentum.
Indicators can be inaccurate, so don't skip your stop-loss: deciding in advance what to do if you're wrong is more important than getting your prediction right.
#ZEC
This isn't necessarily right, so don't blindly follow it.