A day in crypto: The $ETH 4-hour MACD forms a bullish crossover below the zero line.
As soon as the fast and slow lines cross, my fingers immediately want to start trading recklessly. Good thing I checked the definition first.
On a more serious note, MACD values are related to the price level of a coin, so comparing values across different coins isn’t meaningful. Pay attention to the direction and how they relate to the zero line.
All indicators just summarize what has already happened in the market. It can move in the opposite direction at any time.
#ETH
Just my personal observations, not trading advice.
As soon as the fast and slow lines cross, my fingers immediately want to start trading recklessly. Good thing I checked the definition first.
On a more serious note, MACD values are related to the price level of a coin, so comparing values across different coins isn’t meaningful. Pay attention to the direction and how they relate to the zero line.
All indicators just summarize what has already happened in the market. It can move in the opposite direction at any time.
#ETH
Just my personal observations, not trading advice.