Wang Hao in the currency circle: Sharing useful information! Novice market reading skills: M top + MACD top divergence

Many people still cannot understand the essence of writing market quotes every day. That is because you have not laid a good foundation and have not learned many basic market reading techniques. Therefore, it is difficult to grasp the market trends and achieve profits when placing orders. Today's article Wang Hao would like to share some useful information with you. The following content is a brief summary of some experience and skills that Brother Hao has been engaged in researching the financial product investment industry for many years. I hope it will be helpful to you who are destined to do so. If there is something you don’t understand or you have done it yourself during the actual operation. If the operation is not ideal, you can come and communicate with Teacher Wang himself online to learn and discuss.

The K-line combination shows an M-top pattern, indicating that the price has risen to the top position and is about to start falling. If the MACD indicators corresponding to the two tops show a top divergence pattern, the accuracy of the sell signal can be further enhanced. This pattern is a typical bearish pattern.

1. Morphological description

During the price rise, there is a pullback after reaching the first high point. Correspondingly, the DIFF fast line and DEA slow line in the MACD indicator also pull back and may form a high-level dead cross pattern.

After that, the price started a new wave of rise and formed a second high point. The DIFF fast line simultaneously crossed the DEA slow line to form a high cross, and then the coin price began to pull back after hitting a new high. The DIFF fast line once again formed a dead cross with the DEA slow line, and this time the high point formed during the rise of the DIFF fast line was lower than the previous high point. At this point, the top divergence pattern of the MACD indicator was officially formed, and the probability of future price declines is very high.

2. Operation suggestions

The specific requirements for the top divergence of M top + MACD indicators are as follows.

First, when the currency price K-line forms an M top, the DIFF fast line and the DEA slow line are above the 0 axis.

Second, the two dead crosses formed by the DIFF fast line and the DEA slow line are lower than the other.

Third, after the first high point of the M top is formed, the trading volume will simultaneously increase when the price pulls back, which will increase the possibility of further price declines.

Arc top + MACD death cross

When the K-line combination shows an arc top pattern, it means that the price has risen to the top position and obvious stagflation has occurred. If the MACD indicator corresponding to the top position shows a death cross pattern, investors can sell in advance. This pattern is a typical bearish pattern.

1. Morphological description

After the price rose to a high level, the rising speed slowed down significantly. After that, there were signs of a slow decline, forming a top similar to an arc.

Correspondingly, the DIFF fast line and DEA slow line in the MACD indicator also experienced a pullback after rising to a high level, and a death cross pattern appeared. The appearance of the death cross pattern means that the price rise trend has ended and the decline will begin soon.

2. Operation suggestions.

The specific requirements for arc top + MACD indicator death cross are as follows.

First, when the currency price K-line forms an arc top, the DIFF fast line and the DEA slow line should be above the 0 axis and arranged in a bullish pattern.

Second, as the price increase rate slows down, the DIFF fast line and the DEA slow line gradually tend to converge.

Third, when the price starts to fall slowly, the DIFF fast line crosses the DEA slow line first to form a death cross.#Meme #WIF #BTC #新币挖矿 #大盘走势