K-line watch notes: The MACD formed a death cross below the zero line on the $BNB 4-hour chart.
When the fast and slow lines meet, my fingers immediately want to start fiddling—good thing I checked what it was first.
Seriously, the zero line is where DIF equals 0, meaning the 12-period EMA and 26-period EMA overlap. When DIF is above the zero line, the fast moving average is above the slow moving average.
Calculating position size based on the stop-loss distance is much more reliable than picking a position size on a whim.
DYOR, and trade within your means.
When the fast and slow lines meet, my fingers immediately want to start fiddling—good thing I checked what it was first.
Seriously, the zero line is where DIF equals 0, meaning the 12-period EMA and 26-period EMA overlap. When DIF is above the zero line, the fast moving average is above the slow moving average.
Calculating position size based on the stop-loss distance is much more reliable than picking a position size on a whim.
DYOR, and trade within your means.
