🗒️ $STRK The daily MACD has formed a bearish crossover above the zero line.
【Quick explainer】What is MACD?
The zero line is where DIF = 0, meaning the 12-period EMA and 26-period EMA overlap. When DIF is above the zero line, the fast moving average is above the slow moving average.
A crossover on its own is just a signal. Whether the price can break through a key resistance level and whether trading volume confirms the move are often used to validate it.
Avoid placing orders during the most volatile few minutes. Wait for the price to settle before taking another look.
【Quick explainer】What is MACD?
The zero line is where DIF = 0, meaning the 12-period EMA and 26-period EMA overlap. When DIF is above the zero line, the fast moving average is above the slow moving average.
A crossover on its own is just a signal. Whether the price can break through a key resistance level and whether trading volume confirms the move are often used to validate it.
Avoid placing orders during the most volatile few minutes. Wait for the price to settle before taking another look.