$UNI 4-hour MACD formed a death cross below the zero line, with the opposing histogram bars continuing for 18 bars before the crossover.
Let’s use this number to talk about MACD.
MACD values are related to the price of the coin, so comparing their values across different coins is meaningless. What matters is the direction and how they move relative to the zero line.
In sideways markets, DIF and DEA become intertwined, and golden and death crosses occur frequently, making these crosses much less significant.
Rare readings are usually accompanied by greater volatility. At such times, it’s better to reduce leverage rather than increase your position.
#UNI
This is not investment advice. Don’t copy it blindly.
Let’s use this number to talk about MACD.
MACD values are related to the price of the coin, so comparing their values across different coins is meaningless. What matters is the direction and how they move relative to the zero line.
In sideways markets, DIF and DEA become intertwined, and golden and death crosses occur frequently, making these crosses much less significant.
Rare readings are usually accompanied by greater volatility. At such times, it’s better to reduce leverage rather than increase your position.
#UNI
This is not investment advice. Don’t copy it blindly.