Market Notes|$UAI |4-hour MACD|Bearish crossover below the zero line
First, the definition: The length of the histogram bars represents the gap between DIF and DEA. Bars growing longer one after another indicate that momentum in the current direction is strengthening; shorter bars indicate it is weakening.
A common interpretation: A golden cross above the zero line is often seen as a sign that a pullback in an uptrend has ended, while a golden cross below the zero line is more often viewed as a sign of a rebound during a downtrend.
With leveraged positions, first calculate whether you can withstand the worst-case outcome, then consider what the indicator is saying.
#UAI
First, the definition: The length of the histogram bars represents the gap between DIF and DEA. Bars growing longer one after another indicate that momentum in the current direction is strengthening; shorter bars indicate it is weakening.
A common interpretation: A golden cross above the zero line is often seen as a sign that a pullback in an uptrend has ended, while a golden cross below the zero line is more often viewed as a sign of a rebound during a downtrend.
With leveraged positions, first calculate whether you can withstand the worst-case outcome, then consider what the indicator is saying.
#UAI