$HYPE ｜4-hour MACD｜Golden cross below the zero line
Before discussing capital, first understand MACD.
The difference between EMA (exponential moving average) and a regular moving average is that EMA gives more weight to recent prices, so it responds more quickly to changes in direction.
Many people look at two timeframes together: when the larger-timeframe trend remains unchanged, a countertrend crossover on the 4-hour chart is often just a correction or a rebound.
Indicators can be wrong, so don’t skip the stop-loss: thinking ahead about what to do if you’re wrong matters more than whether your prediction is right.
#HYPE
Before discussing capital, first understand MACD.
The difference between EMA (exponential moving average) and a regular moving average is that EMA gives more weight to recent prices, so it responds more quickly to changes in direction.
Many people look at two timeframes together: when the larger-timeframe trend remains unchanged, a countertrend crossover on the 4-hour chart is often just a correction or a rebound.
Indicators can be wrong, so don’t skip the stop-loss: thinking ahead about what to do if you’re wrong matters more than whether your prediction is right.
#HYPE