🐋 $HYPE The daily MACD formed a death cross below the zero line, with opposite-direction histogram bars continuing for 10 bars before the crossover.
People post about golden and death crosses every day; what matters is where the crossover occurs and what the trend was beforehand.
The histogram is the difference between DIF and DEA; some software multiplies it by 2 as well. The moment the histogram turns from negative to positive is exactly when DIF crosses above DEA.
Before trading with leverage, first work out whether you can withstand the worst-case outcome, then consider what the signal is saying.
People post about golden and death crosses every day; what matters is where the crossover occurs and what the trend was beforehand.
The histogram is the difference between DIF and DEA; some software multiplies it by 2 as well. The moment the histogram turns from negative to positive is exactly when DIF crosses above DEA.
Before trading with leverage, first work out whether you can withstand the worst-case outcome, then consider what the signal is saying.