$XMR ｜4-hour MACD｜Golden cross above the zero line
Before looking at capital flows, let’s first understand MACD.
MACD was introduced by Gerald Appel in the 1970s. Its commonly used settings are 12, 26, and 9. It measures price momentum based on the distance between two fast and slow EMAs.
The way MACD calculations are initialized varies slightly across charting tools. A crossover that appears during a candle may disappear by the close, so crossovers confirmed after the candle closes are more reliable.
Confirmation from several indicators is more reliable than relying on just one, but even more signals can’t provide a definitive answer.
#XMR
Before looking at capital flows, let’s first understand MACD.
MACD was introduced by Gerald Appel in the 1970s. Its commonly used settings are 12, 26, and 9. It measures price momentum based on the distance between two fast and slow EMAs.
The way MACD calculations are initialized varies slightly across charting tools. A crossover that appears during a candle may disappear by the close, so crossovers confirmed after the candle closes are more reliable.
Confirmation from several indicators is more reliable than relying on just one, but even more signals can’t provide a definitive answer.
#XMR