Indicator Notes｜$CAP ｜Daily MACD｜Bullish Crossover Above the Zero Line
Definition: MACD values are related to the price level of a coin, so comparing values across different coins is not meaningful. What matters is the direction and its relationship to the zero line.
How to read it: The histogram bars often start getting shorter before a crossover appears. Some people use this as an early sign of weakening momentum, but this signal also fails more often.
Indicators can be wrong, so never skip a stop-loss: Decide in advance what you’ll do if your reading is wrong—it matters more than whether your prediction is right.
#CAP
Definition: MACD values are related to the price level of a coin, so comparing values across different coins is not meaningful. What matters is the direction and its relationship to the zero line.
How to read it: The histogram bars often start getting shorter before a crossover appears. Some people use this as an early sign of weakening momentum, but this signal also fails more often.
Indicators can be wrong, so never skip a stop-loss: Decide in advance what you’ll do if your reading is wrong—it matters more than whether your prediction is right.
#CAP