$LINK 4 hours MACD forms a golden cross below the zero line, with 9 consecutive opposing bars before the crossover.
Where does this number come from?
DIF (also called the MACD line) = 12-period EMA − 26-period EMA; DEA (also called the signal line) is calculated by applying a 9-period EMA to DIF.
A death cross above the zero line is often interpreted as weakening upward momentum, but it doesn’t necessarily mean a trend reversal; a death cross below the zero line is more often seen as a continuation of the downtrend.
Don’t change your usual pace based on a single indicator, and don’t use borrowed money to test a reading.
Where does this number come from?
DIF (also called the MACD line) = 12-period EMA − 26-period EMA; DEA (also called the signal line) is calculated by applying a 9-period EMA to DIF.
A death cross above the zero line is often interpreted as weakening upward momentum, but it doesn’t necessarily mean a trend reversal; a death cross below the zero line is more often seen as a continuation of the downtrend.
Don’t change your usual pace based on a single indicator, and don’t use borrowed money to test a reading.