The $PEPE 4-hour MACD has formed a bearish crossover above the zero line.
Let’s use this number to talk about MACD.
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives greater weight to recent prices, so it turns faster.
Many people compare different timeframes: when the daily trend remains unchanged, a countertrend crossover on the 4-hour chart is often just a pullback or rebound.
Understanding an indicator is meant to keep you from being spooked by a single number, not to use it to precisely calculate tops and bottoms.
#PEPE
Let’s use this number to talk about MACD.
The difference between EMA (exponential moving average) and a simple moving average is that EMA gives greater weight to recent prices, so it turns faster.
Many people compare different timeframes: when the daily trend remains unchanged, a countertrend crossover on the 4-hour chart is often just a pullback or rebound.
Understanding an indicator is meant to keep you from being spooked by a single number, not to use it to precisely calculate tops and bottoms.
#PEPE