$ETH 4 hours MACD forms a golden cross below the zero line.
Let's break this number down.
A golden cross occurs when DIF crosses above DEA, while a death cross occurs when DIF crosses below DEA. The histogram bars correspondingly switch from negative to positive, or from positive to negative.
MACD calculation details vary slightly across charting tools. A crossover that appears during a trading session may disappear by the close, so crossovers confirmed after the market closes are more reliable.
Understanding indicators isn't hard; the hard part is sticking to your plan when the market is at its most exciting.
Let's break this number down.
A golden cross occurs when DIF crosses above DEA, while a death cross occurs when DIF crosses below DEA. The histogram bars correspondingly switch from negative to positive, or from positive to negative.
MACD calculation details vary slightly across charting tools. A crossover that appears during a trading session may disappear by the close, so crossovers confirmed after the market closes are more reliable.
Understanding indicators isn't hard; the hard part is sticking to your plan when the market is at its most exciting.