$BTC 4-hour MACD formed a death cross below the zero line.
Let’s break down MACD using this data.
The length of the bars reflects the distance between DIF and DEA. If each bar is longer than the previous one, it means the current trend is gaining strength; if they get shorter, it means the trend is weakening.
Many people watch for bearish and bullish divergences: when the price reaches a new high but MACD doesn’t, or the price reaches a new low but MACD doesn’t, this is often seen as a sign that momentum is fading.
Leave extra margin for your futures positions, and don’t let a sudden sharp move wipe you out in one go.
#BTC
Let’s break down MACD using this data.
The length of the bars reflects the distance between DIF and DEA. If each bar is longer than the previous one, it means the current trend is gaining strength; if they get shorter, it means the trend is weakening.
Many people watch for bearish and bullish divergences: when the price reaches a new high but MACD doesn’t, or the price reaches a new low but MACD doesn’t, this is often seen as a sign that momentum is fading.
Leave extra margin for your futures positions, and don’t let a sudden sharp move wipe you out in one go.
#BTC