$DOGE ｜Daily MACD｜Bullish crossover below the zero line
Before looking at fund flows, let's first understand MACD.
The MACD histogram is the difference between DIF and DEA. Some charting software also multiplies it by 2. When the histogram changes from negative to positive, DIF crosses above DEA.
In a sideways market, DIF and DEA tend to intertwine, with bullish and bearish crossovers alternating frequently. These crossovers have limited significance in such conditions.
All data merely describe past price movements; the market could just as easily move in the opposite direction.
Before looking at fund flows, let's first understand MACD.
The MACD histogram is the difference between DIF and DEA. Some charting software also multiplies it by 2. When the histogram changes from negative to positive, DIF crosses above DEA.
In a sideways market, DIF and DEA tend to intertwine, with bullish and bearish crossovers alternating frequently. These crossovers have limited significance in such conditions.
All data merely describe past price movements; the market could just as easily move in the opposite direction.