$ZEC 4-hour MACD forms a golden cross below the zero line.
Let's use this number to talk about MACD.
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives more weight to recent prices, so it responds more quickly to changes in direction.
MACD is better suited to confirming direction in trending markets and is not as suitable for identifying specific highs and lows.
All data summarizes past price movements, and the market can move in the opposite direction at any time.
Let's use this number to talk about MACD.
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives more weight to recent prices, so it responds more quickly to changes in direction.
MACD is better suited to confirming direction in trending markets and is not as suitable for identifying specific highs and lows.
All data summarizes past price movements, and the market can move in the opposite direction at any time.