⚠️ $CT 4-hour MACD golden cross 🔥
Don’t get carried away just yet—understand MACD first 👇
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives more weight to recent prices, so it reacts more quickly to changes in direction.
The longer the bars in the opposite direction continue before a crossover, the clearer the preceding trend was. This crossover is often considered more informative than one that occurs in a sideways market.
Learning to read indicators is easy; the hard part is still following the rules when the market gets extremely volatile.
Don’t get carried away just yet—understand MACD first 👇
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives more weight to recent prices, so it reacts more quickly to changes in direction.
The longer the bars in the opposite direction continue before a crossover, the clearer the preceding trend was. This crossover is often considered more informative than one that occurs in a sideways market.
Learning to read indicators is easy; the hard part is still following the rules when the market gets extremely volatile.