$AVAX 4-hour MACD has a bullish crossover below the zero line.
Let’s talk about what’s behind this number.
MACD was first introduced by Gerald Appel in the 1970s. Its commonly used settings are 12, 26, and 9, and it tracks price momentum by comparing the difference between a fast and a slow EMA.
Many people look for bearish and bullish divergences: when the price makes a new high but MACD doesn’t, or the price makes a new low but MACD doesn’t, this is often seen as a sign of weakening momentum.
Don’t place trades during the most volatile few minutes. Wait for the price action to play out, then take a look.
Let’s talk about what’s behind this number.
MACD was first introduced by Gerald Appel in the 1970s. Its commonly used settings are 12, 26, and 9, and it tracks price momentum by comparing the difference between a fast and a slow EMA.
Many people look for bearish and bullish divergences: when the price makes a new high but MACD doesn’t, or the price makes a new low but MACD doesn’t, this is often seen as a sign of weakening momentum.
Don’t place trades during the most volatile few minutes. Wait for the price action to play out, then take a look.