🔢 $ICNT 4-hour MACD has formed a death cross above the zero line.
【Quick explainer】What is MACD?
MACD was developed by Gerald Appel. Its default settings are 12, 26, and 9. It uses the distance between the fast and slow EMAs to gauge trend strength.
A crossover is just a signal on its own. Whether the price breaks through the nearest support level and whether trading volume confirms the move are often used for further validation.
Don’t chase trades during the most volatile minutes. Wait for the candlestick to close and settle before deciding.
【Quick explainer】What is MACD?
MACD was developed by Gerald Appel. Its default settings are 12, 26, and 9. It uses the distance between the fast and slow EMAs to gauge trend strength.
A crossover is just a signal on its own. Whether the price breaks through the nearest support level and whether trading volume confirms the move are often used for further validation.
Don’t chase trades during the most volatile minutes. Wait for the candlestick to close and settle before deciding.