🚨 $BTC 4 hours MACD golden cross 🔥
Take two seconds to calm down and understand MACD first 👇
The zero line is the line where DIF equals 0, which is when the 12-period EMA and 26-period EMA overlap; when DIF is above the zero line, it means the short-term moving average is above the slower moving average.
A shortening histogram often appears earlier than the crossover, so some people use histogram contraction as an early hint of a change in momentum, but this kind of hint is also more likely to fail.
Position size calculated backward from the stop-loss distance is much more reliable than placing orders by guesswork.
#BTC
Take two seconds to calm down and understand MACD first 👇
The zero line is the line where DIF equals 0, which is when the 12-period EMA and 26-period EMA overlap; when DIF is above the zero line, it means the short-term moving average is above the slower moving average.
A shortening histogram often appears earlier than the crossover, so some people use histogram contraction as an early hint of a change in momentum, but this kind of hint is also more likely to fail.
Position size calculated backward from the stop-loss distance is much more reliable than placing orders by guesswork.
#BTC