$SOL ｜4-hour MACD｜Bearish crossover below the zero line
Before discussing capital flows, let's first understand MACD.
MACD was originally introduced by Gerald Appel in the 1970s. Its default settings are 12, 26, and 9. It uses the distance between two fast and slow EMAs to track trend momentum.
A crossover is only a signal. Whether the price can break through the nearest resistance level and whether trading volume confirms the move are often used for further validation.
Understanding this indicator is about being less intimidated by the numbers, not using it to predict tops and bottoms.
#SOL
Before discussing capital flows, let's first understand MACD.
MACD was originally introduced by Gerald Appel in the 1970s. Its default settings are 12, 26, and 9. It uses the distance between two fast and slow EMAs to track trend momentum.
A crossover is only a signal. Whether the price can break through the nearest resistance level and whether trading volume confirms the move are often used for further validation.
Understanding this indicator is about being less intimidated by the numbers, not using it to predict tops and bottoms.
#SOL
