🐋 The $LINK 4-hour MACD forms a golden cross below the zero line.
People post about golden and death crosses every day; what matters is where the crossover occurs and what the trend was beforehand.
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives more weight to recent prices, so it reacts a little faster.
The point of understanding this indicator is to be less misled by numbers, not to use it to predict tops and bottoms.
People post about golden and death crosses every day; what matters is where the crossover occurs and what the trend was beforehand.
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives more weight to recent prices, so it reacts a little faster.
The point of understanding this indicator is to be less misled by numbers, not to use it to predict tops and bottoms.
