$SUI 4 hours MACD forms a golden cross below the zero line.
Where does this number come from?
MACD values are related to the price of a coin, so comparing their absolute values across different coins is meaningless. What matters is the crosses and changes relative to the zero line.
A golden cross above the zero line is often seen as a sign that a pullback in an uptrend has run its course. A golden cross below the zero line is more often seen as a rebound signal during a downtrend.
Indicators can be inaccurate, so don’t skip your stop-loss: thinking ahead about what you’ll do if you’re wrong is more important than trying to guess correctly.
#SUI
Where does this number come from?
MACD values are related to the price of a coin, so comparing their absolute values across different coins is meaningless. What matters is the crosses and changes relative to the zero line.
A golden cross above the zero line is often seen as a sign that a pullback in an uptrend has run its course. A golden cross below the zero line is more often seen as a rebound signal during a downtrend.
Indicators can be inaccurate, so don’t skip your stop-loss: thinking ahead about what you’ll do if you’re wrong is more important than trying to guess correctly.
#SUI