$BNB 4-hour MACD formed a death cross below the zero line.
While we're on this number, let's talk about MACD.
The zero line is where DIF = 0, meaning the 12-period EMA and 26-period EMA overlap; when DIF is above the zero line, the short-term moving average is above the long-term moving average.
MACD is better at identifying direction in trending markets than at pinpointing specific highs and lows.
Leave plenty of margin for your futures positions—don't let a single wick liquidate your position.
#BNB
While we're on this number, let's talk about MACD.
The zero line is where DIF = 0, meaning the 12-period EMA and 26-period EMA overlap; when DIF is above the zero line, the short-term moving average is above the long-term moving average.
MACD is better at identifying direction in trending markets than at pinpointing specific highs and lows.
Leave plenty of margin for your futures positions—don't let a single wick liquidate your position.
#BNB