$SNDKB The daily MACD has formed a golden cross below the zero line.
Folks, what is MACD? Here's a quick explanation👇
The MACD histogram is the difference between DIF and DEA. Many Chinese software platforms also multiply it by 2. When the histogram changes from negative to positive, DIF crosses above DEA.
The histogram often starts shrinking before the crossover appears. Some people use this contraction as an early sign of a change in momentum, but this signal is also more prone to failure.
Indicators can fail, but risk management shouldn't be skipped: thinking in advance about what to do if you're wrong is more important than whether your prediction is accurate.
For reference only. Make your own decisions.
Folks, what is MACD? Here's a quick explanation👇
The MACD histogram is the difference between DIF and DEA. Many Chinese software platforms also multiply it by 2. When the histogram changes from negative to positive, DIF crosses above DEA.
The histogram often starts shrinking before the crossover appears. Some people use this contraction as an early sign of a change in momentum, but this signal is also more prone to failure.
Indicators can fail, but risk management shouldn't be skipped: thinking in advance about what to do if you're wrong is more important than whether your prediction is accurate.
For reference only. Make your own decisions.
