Candlestick-Watching Diary: At $TRUTH 4 hours, MACD forms a death cross above the zero line.
The fast and slow lines meet, and my hands immediately start fidgeting. Thankfully, I first checked what it actually was.
A quick explainer: a golden cross is when DIF crosses above DEA, and a death cross is when DIF crosses below DEA. The histogram bars correspondingly switch from negative to positive, or from positive to negative.
Understanding an indicator is about avoiding being led astray by numbers, not using it to predict price movements accurately.
#TRUTH
The fast and slow lines meet, and my hands immediately start fidgeting. Thankfully, I first checked what it actually was.
A quick explainer: a golden cross is when DIF crosses above DEA, and a death cross is when DIF crosses below DEA. The histogram bars correspondingly switch from negative to positive, or from positive to negative.
Understanding an indicator is about avoiding being led astray by numbers, not using it to predict price movements accurately.
#TRUTH