$LINK Daily MACD forms a golden cross below the zero line.
How is this number derived?
MACD is calculated from moving averages and is inherently lagging: by the time a golden or death cross occurs, prices have often already moved quite a bit.
Extreme readings often come with greater volatility. At times like these, it’s better to reduce leverage rather than make a large bet.
How is this number derived?
MACD is calculated from moving averages and is inherently lagging: by the time a golden or death cross occurs, prices have often already moved quite a bit.
Extreme readings often come with greater volatility. At times like these, it’s better to reduce leverage rather than make a large bet.