$LINK 4 hours MACD forms a golden cross below the zero line.
Let's break down MACD using this data.
MACD values are related to the price of the coin, so comparing values across different coins is meaningless. What matters is the direction and its relationship to the zero line.
The more bars moving in the opposite direction there are before the crossover, the clearer the preceding one-sided trend was. This crossover is often considered cleaner than one that occurs during choppy trading.
Calculating position size based on the stop-loss distance is much more reliable than placing trades based on a gut feeling.
#LINK
Let's break down MACD using this data.
MACD values are related to the price of the coin, so comparing values across different coins is meaningless. What matters is the direction and its relationship to the zero line.
The more bars moving in the opposite direction there are before the crossover, the clearer the preceding one-sided trend was. This crossover is often considered cleaner than one that occurs during choppy trading.
Calculating position size based on the stop-loss distance is much more reliable than placing trades based on a gut feeling.
#LINK
