🧮 Latest data: $NEAR ｜4-hour MACD｜Golden cross below the zero line
· What it is: MACD values are related to the price level of a coin, so directly comparing values across different coins is not meaningful. What matters is the changes in crossovers and position.
· How to read it: A crossover on its own is only a signal. Whether the price can break past the nearest support level and whether trading volume picks up are often used for further confirmation.
Indicators can fail, so don’t skip the stop-loss: deciding in advance what to do if you’re wrong matters more than being accurate with your predictions.
· What it is: MACD values are related to the price level of a coin, so directly comparing values across different coins is not meaningful. What matters is the changes in crossovers and position.
· How to read it: A crossover on its own is only a signal. Whether the price can break past the nearest support level and whether trading volume picks up are often used for further confirmation.
Indicators can fail, so don’t skip the stop-loss: deciding in advance what to do if you’re wrong matters more than being accurate with your predictions.
