Previous joke version: $SOL 4-hour MACD death cross above the zero line, with the opposite-direction histogram bars persisting for 19 bars before the crossover.
DIF and DEA meet, and my fingers start itching—good thing I checked the definition first.
On a serious note, MACD is derived from moving averages, so it inherently lags: by the time a crossover occurs, the price has often already moved a bit.
Don’t let a single number throw your plan off, and certainly don’t use borrowed money to validate a reading.
#SOL
DIF and DEA meet, and my fingers start itching—good thing I checked the definition first.
On a serious note, MACD is derived from moving averages, so it inherently lags: by the time a crossover occurs, the price has often already moved a bit.
Don’t let a single number throw your plan off, and certainly don’t use borrowed money to validate a reading.
#SOL