🧨 $BTW Daily MACD death cross ⚠️
Take two seconds to understand the MACD before jumping to conclusions 👇
The difference between the EMA (exponential moving average) and a simple moving average is that the EMA gives more weight to recent prices, so it tends to react more quickly.
A death cross above the zero line is often seen as a slowdown in upward momentum, but it doesn't necessarily mean the trend is over; a death cross below the zero line is often seen as a continuation of the downtrend.
Learning to read indicators is easy; the hard part is sticking to your plan when the market gets extreme.
Not financial advice. Make your own trading decisions.
Take two seconds to understand the MACD before jumping to conclusions 👇
The difference between the EMA (exponential moving average) and a simple moving average is that the EMA gives more weight to recent prices, so it tends to react more quickly.
A death cross above the zero line is often seen as a slowdown in upward momentum, but it doesn't necessarily mean the trend is over; a death cross below the zero line is often seen as a continuation of the downtrend.
Learning to read indicators is easy; the hard part is sticking to your plan when the market gets extreme.
Not financial advice. Make your own trading decisions.