$ZEC Daily MACD forms a golden cross below the zero line.
Guys, what exactly is MACD calculating? Here's the short version 👇
The length of the bars reflects the distance between DIF and DEA. If each bar gets longer, momentum in the current direction is increasing; if they get shorter, momentum is fading.
The bars usually start shrinking before a crossover. Some people treat this as an early sign of weakening momentum, but this signal is also more prone to fail.
Sizing your position based on where you place your stop-loss is much more reliable than placing trades by gut feel.
Guys, what exactly is MACD calculating? Here's the short version 👇
The length of the bars reflects the distance between DIF and DEA. If each bar gets longer, momentum in the current direction is increasing; if they get shorter, momentum is fading.
The bars usually start shrinking before a crossover. Some people treat this as an early sign of weakening momentum, but this signal is also more prone to fail.
Sizing your position based on where you place your stop-loss is much more reliable than placing trades by gut feel.