Chart Notes｜$SUI ｜4-Hour MACD｜Bullish Crossover Below the Zero Line
Definition: The histogram is the difference between DIF and DEA. Many Chinese charting platforms multiply it by 2 as well. The moment the histogram changes from negative to positive is when DIF crosses above DEA.
How to read it: A death cross above the zero line is often understood as a slowdown in upward momentum, and doesn’t necessarily signal a trend reversal. A death cross below the zero line is more often seen as a sign that the downtrend will continue.
Leave yourself more room when sizing contract positions. Don’t let a sudden sharp move wipe out your position.
#SUI
Definition: The histogram is the difference between DIF and DEA. Many Chinese charting platforms multiply it by 2 as well. The moment the histogram changes from negative to positive is when DIF crosses above DEA.
How to read it: A death cross above the zero line is often understood as a slowdown in upward momentum, and doesn’t necessarily signal a trend reversal. A death cross below the zero line is more often seen as a sign that the downtrend will continue.
Leave yourself more room when sizing contract positions. Don’t let a sudden sharp move wipe out your position.
#SUI