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RocketBomb
Mar 12, 2021 3:00 PM

ETHEREUM using MACD 😊 Long

Ethereum / U.S. dollarBitstamp

Description

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Hello, dear followers! Today we are looking at price movement of ETHEREUM and add to this MACD indicator!
Pay attention at previous BUY signals of MACD and try to make a signal for now!



Usually, a Buy signal is considered when the MACD line (blue line in the figure) crosses the signal line (red line) upwards. A Sell signal is considered when the MACD line crosses the signal line from top to bottom.

My previous ETH/BTC chart if You didn't see it πŸ‘‡




Have a great timeβ™₯️

Stay tuned by Rocket Bomb πŸš€πŸ’£
Comments
MDkarimovic
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macd generates signals too late with lots of wrong ones,as you can see half of buy signals almost non profitable ,thank you anyway
umeister
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@karimovmurad97, is this more accurate on higher time frames?
MDkarimovic
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,@umeister, kinda yes but i dont prefer that on cryptomarket nowadays
impermanence404
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@karimovmurad97, i don’t know anyone who uses MACD as a signal, but as a confirmation ya. Mostly its RSI & Sto
MDkarimovic
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@impermanence404,im sure you got what i meant :)
umeister
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Which time frame do you prefer for checking MACD? 4h ?
TheCryptAlpha
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yes
BigShan75
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Thank you so much. Appreciate the in depth explanations.
UnknownUnicorn14014217
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Much appreciated. Thanks!
spatchephunk
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ty
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