$SUI 4 hours MACD forms a golden cross below the zero line, with 9 consecutive opposite bars before the crossover.
A beginner’s burning question: How do you read MACD golden and death crosses?
MACD is calculated from moving averages, so it inherently lags: by the time a crossover appears, the price has often already moved a little.
A golden cross above the zero line is often seen as a sign that a pullback in an uptrend has ended, while one below the zero line is more often considered a sign of a rebound.
Don’t let a single indicator disrupt your original rhythm, and never use borrowed money to test a judgment.
#SUI
A beginner’s burning question: How do you read MACD golden and death crosses?
MACD is calculated from moving averages, so it inherently lags: by the time a crossover appears, the price has often already moved a little.
A golden cross above the zero line is often seen as a sign that a pullback in an uptrend has ended, while one below the zero line is more often considered a sign of a rebound.
Don’t let a single indicator disrupt your original rhythm, and never use borrowed money to test a judgment.
#SUI