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The king of technical indicators, MACD, seems simple, but in fact, 90% of people do not know how to use it. Most people enter when they see a golden cross and exit when they see a death cross. Their understanding of MACD is still at the most basic stage. If you are also like this, please follow and save today's content for repeated study. MACD has ten main uses:
1⃣. When the MACD is above the zero axis, each golden cross will lead to a new price high.
2⃣. MACD is below the zero axis, and every death cross will lead to a new low in the coin price.
3⃣. MACD is below the zero axis, and most people think that the golden cross here is the best, but in fact, it only indicates that the coin price is stabilizing, not reversing. The most reliable position is when the golden cross appears near the zero axis.
4⃣. MACD is above the zero axis, and the more frequent the occurrence of golden cross and death cross alternation, the stronger the individual token represents.
5⃣. MACD is below the zero axis, and the more frequent the occurrence of golden cross and death cross alternations, the weaker the individual coin represents.
6⃣. MACD red bars increasing. The strength is getting stronger, otherwise the strength is gradually weakening, and the coin price may pullback. MVCD green bars increasing, indicating that the selling side is getting stronger, while the counterforce is weakening, and the adjustment is about to end.
7⃣. In a downtrend, when MACD is gradually increasing, it is a signal for further decline.
8⃣. In the rising trend, MACD is not dead yet, and the red bar is increasing, which is a signal to continue to rise.
9⃣. MACD buying small currencies continue to fall, but the value of the next wave is higher than the previous one, be prepared to enter the market, and it will start to rise at any time.
🔟.MACD selling small currencies continue to rise, but the value of the second wave of MACD is lower than the first wave, do not chase after high, there may be a pullback at any time. Have you learned the 10 major uses of MACD?