🔔 $BAT 4-hour MACD golden cross🔥
Don’t get carried away just yet—understand MACD first 👇
The histogram bars show the difference between DIF and DEA; many Chinese trading apps multiply it by 2. When the bars turn from negative to positive, DIF has just crossed above DEA.
In a sideways market, DIF and DEA can easily become entangled, causing golden and death crosses to appear repeatedly. These crosses have little value as a reference in such conditions.
The same readings can mean very different things in different market conditions, so don’t blindly apply rules of thumb.
Don’t get carried away just yet—understand MACD first 👇
The histogram bars show the difference between DIF and DEA; many Chinese trading apps multiply it by 2. When the bars turn from negative to positive, DIF has just crossed above DEA.
In a sideways market, DIF and DEA can easily become entangled, causing golden and death crosses to appear repeatedly. These crosses have little value as a reference in such conditions.
The same readings can mean very different things in different market conditions, so don’t blindly apply rules of thumb.