$IN : The daily MACD has formed a golden cross below the zero line.
Let’s use this figure to talk about MACD.
MACD values depend on the price of the coin, so comparing values across different coins is meaningless. What matters is the relationship between the crossover and its position.
In a ranging market, DIF and DEA tend to tangle and cross back and forth, so these crossovers have limited value as reference points.
The same reading can mean completely different things in different market conditions, so don’t apply a single rule blindly.
Let’s use this figure to talk about MACD.
MACD values depend on the price of the coin, so comparing values across different coins is meaningless. What matters is the relationship between the crossover and its position.
In a ranging market, DIF and DEA tend to tangle and cross back and forth, so these crossovers have limited value as reference points.
The same reading can mean completely different things in different market conditions, so don’t apply a single rule blindly.