An overnight chart-watching log: the $ADA 4-hour MACD formed a death cross below the zero line, after 20 consecutive opposite histogram bars before the cross.
When DIF and DEA meet, my fingers start itching to make a move. Good thing I checked what it meant first.
On a more serious note, the zero line is where DIF = 0—that is, where the 12-period EMA and 26-period EMA are equal. When DIF is above the zero line, the fast moving average is above the slow moving average.
Don’t change your usual approach because of a single indicator, and definitely don’t gamble borrowed money on one reading.
#ADA
Just my personal opinion, not investment advice.
When DIF and DEA meet, my fingers start itching to make a move. Good thing I checked what it meant first.
On a more serious note, the zero line is where DIF = 0—that is, where the 12-period EMA and 26-period EMA are equal. When DIF is above the zero line, the fast moving average is above the slow moving average.
Don’t change your usual approach because of a single indicator, and definitely don’t gamble borrowed money on one reading.
#ADA
Just my personal opinion, not investment advice.