$ICNT 4-hour MACD forms a bearish crossover above the zero line.
Let’s use this data to talk about MACD.
The zero line is where DIF = 0, meaning the 12-period EMA and 26-period EMA are equal. When DIF is above the zero line, the shorter-term moving average is above the longer-term one.
Many people look for bearish and bullish divergences: the price makes a new high but MACD doesn’t, or the price makes a new low but MACD doesn’t follow. These are often seen as signs of weakening momentum.
With leveraged trading, first work out whether you can withstand the worst-case scenario, then consider what the signal is saying.
For personal reference only; this is not a specific buy or sell recommendation.
Let’s use this data to talk about MACD.
The zero line is where DIF = 0, meaning the 12-period EMA and 26-period EMA are equal. When DIF is above the zero line, the shorter-term moving average is above the longer-term one.
Many people look for bearish and bullish divergences: the price makes a new high but MACD doesn’t, or the price makes a new low but MACD doesn’t follow. These are often seen as signs of weakening momentum.
With leveraged trading, first work out whether you can withstand the worst-case scenario, then consider what the signal is saying.
For personal reference only; this is not a specific buy or sell recommendation.