Data: $SOL | 4-hour MACD | Bullish crossover below the zero line
What it is: MACD is derived from moving averages, so it inherently lags: by the time a crossover occurs, the price has usually already moved a little.
How to read it: A bullish crossover above the zero line is often seen as a signal that a pullback in an uptrend has ended. Below the zero line, it is more often viewed as a sign of a rebound during a decline.
Leave plenty of room when using leverage, and don’t let a single wick liquidate your position.
#SOL
What it is: MACD is derived from moving averages, so it inherently lags: by the time a crossover occurs, the price has usually already moved a little.
How to read it: A bullish crossover above the zero line is often seen as a signal that a pullback in an uptrend has ended. Below the zero line, it is more often viewed as a sign of a rebound during a decline.
Leave plenty of room when using leverage, and don’t let a single wick liquidate your position.
#SOL
