The MACD on the $UNI 4-hour chart formed a death cross below the zero line.
Let’s break this number down and take a look.
The same MACD settings mean different things on different timeframes: crossovers occur more often on shorter timeframes and less often on longer ones, but they carry greater significance.
All indicators describe price movements that have already happened, and prices can certainly move in the opposite direction.
#UNI
Let’s break this number down and take a look.
The same MACD settings mean different things on different timeframes: crossovers occur more often on shorter timeframes and less often on longer ones, but they carry greater significance.
All indicators describe price movements that have already happened, and prices can certainly move in the opposite direction.
#UNI