$SUI 4 hours MACD forms a golden cross below the zero line.
Folks, what exactly is MACD measuring? Here’s the short version 👇
The MACD histogram is the difference between DIF and DEA; many Chinese software platforms also multiply it by 2. The moment the histogram turns from negative to positive is when DIF crosses above DEA.
In a ranging market, DIF and DEA tend to intertwine, with golden and death crosses alternating frequently. These crosses have limited value as signals in this situation.
It’s more reliable to look for confirmation from several indicators rather than relying on just one, but no amount of signals can provide a definite answer.
Folks, what exactly is MACD measuring? Here’s the short version 👇
The MACD histogram is the difference between DIF and DEA; many Chinese software platforms also multiply it by 2. The moment the histogram turns from negative to positive is when DIF crosses above DEA.
In a ranging market, DIF and DEA tend to intertwine, with golden and death crosses alternating frequently. These crosses have limited value as signals in this situation.
It’s more reliable to look for confirmation from several indicators rather than relying on just one, but no amount of signals can provide a definite answer.