The market’s cracking jokes again: $INJ daily MACD has formed a death cross above the zero line.
As soon as DIF and DEA cross, my fingers start itching—good thing I checked what they mean first.
A quick, serious explainer: DIF (also called the MACD line) = 12-period EMA − 26-period EMA; DEA (also called the signal line) is the 9-period EMA of DIF.
Understanding this indicator is about being less spooked by numbers, not using it to predict whether prices will rise or fall.
Just my personal perspective; it may not be accurate, so please use caution.
As soon as DIF and DEA cross, my fingers start itching—good thing I checked what they mean first.
A quick, serious explainer: DIF (also called the MACD line) = 12-period EMA − 26-period EMA; DEA (also called the signal line) is the 9-period EMA of DIF.
Understanding this indicator is about being less spooked by numbers, not using it to predict whether prices will rise or fall.
Just my personal perspective; it may not be accurate, so please use caution.