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✖️ I DON'T USE MACD IN CRYPTO TRADING - WHY?
In the post I will tell about the indicator in few words, but in the article below you will be able to read the answer to the question.
Moving Average Convergence Divergence (MACD) - is a trend-following indicator that shows the relationship between two moving averages of prices. The MACD is calculated by subtracting the 26 EMA from the 12 EMA. To be true, this is one of the simplest indicator available.
MACD indicators can be interpreted using two different methods (I write about those options which can be connected with crypto trading):
1. Crossovers - When the MACD falls below the signal line, it is a bearish signal, which indicates that it may be time to sell.
2. Divergence - When the security price diverges from the MACD, it signals the end of the current trend.
🗨 But why do I think this indicator is bad for crypto trading? - Answer is in this article (click to the blue text to open)
BY Klondike (Crypto Rush) ⚠️
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