$ZEC The daily MACD forms a death cross below the zero line, after 12 consecutive opposing histogram bars before the crossover.
Crossover signals are posted every day; what really matters is where the crossover occurs and what the preceding trend was.
The same MACD settings mean different things on different timeframes: crossovers happen more often on the 4-hour chart and less often on the daily chart, but daily crossovers carry more weight.
MACD is better at confirming momentum in trending markets than at pinpointing exact highs and lows.
Learning to read indicators is easy; the hard part is sticking to the rules when the market is at its most exciting.
#ZEC
Crossover signals are posted every day; what really matters is where the crossover occurs and what the preceding trend was.
The same MACD settings mean different things on different timeframes: crossovers happen more often on the 4-hour chart and less often on the daily chart, but daily crossovers carry more weight.
MACD is better at confirming momentum in trending markets than at pinpointing exact highs and lows.
Learning to read indicators is easy; the hard part is sticking to the rules when the market is at its most exciting.
#ZEC
