$SUI 4 hours MACD formed a golden cross below the zero line.
Let’s use this number as a chance to talk about MACD.
The length of the bars represents the gap between DIF and DEA. When the bars get longer one by one, it means the current trend is gaining strength; when they get shorter, it means it’s weakening.
Many people look for bearish and bullish divergences: when the price makes a new high but MACD doesn’t follow, or the price makes a new low but MACD doesn’t follow, this is often seen as a sign of weakening momentum.
For leveraged positions, first work out whether you can withstand the worst-case scenario, then consider what the signal is telling you.
#SUI
Let’s use this number as a chance to talk about MACD.
The length of the bars represents the gap between DIF and DEA. When the bars get longer one by one, it means the current trend is gaining strength; when they get shorter, it means it’s weakening.
Many people look for bearish and bullish divergences: when the price makes a new high but MACD doesn’t follow, or the price makes a new low but MACD doesn’t follow, this is often seen as a sign of weakening momentum.
For leveraged positions, first work out whether you can withstand the worst-case scenario, then consider what the signal is telling you.
#SUI