Budhil

MACD Indicator- Explained| Crypto Talks

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Blue Line with candle is 21 Moving Average which is also acting as a good support to BTC , Look at MACD indicator down below...

Line 1: BLUE- MACD Line(12)
Line 2: ORANGE- Signal Line(26)

lines are 12&26 MA

CASE1: When Orange Line Crosses Blue ....Orange Down and Blue UP...Market will be GREEN
CASE2:Whenever Blue line tries to Cross Orange line and Cross it...BLUE Down and Orange UP.....Market will be RED

The best time frame for the MACD does not exist. This would be completely up to your personal preference; however, daily signals (1D timeframe) are more significant than shorter.

Budhil Vyas

Budhil Vyas
Data Scientist
Crypto Analyst
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