How is MACD calculated?
I want to understand how the MACD is calculated. What are the steps and components involved in the computation of this technical indicator?
What is golden cross bitcoin?
I heard about golden cross in the context of Bitcoin and I'm curious to understand what it means. Could someone explain the concept of golden cross specifically in relation to bitcoin?
What is a death cross in crypto?
Could you please explain what a death cross is in the context of cryptocurrency trading? I've heard this term mentioned a few times but I'm not entirely sure what it means or how it affects the market. Is it a technical indicator that traders use to predict future price movements? And if so, how reliable is it in the highly volatile world of cryptocurrency?
What if ADX is below 20?
I'm curious to know, what implications does it hold when the Average Directional Index (ADX) falls below the threshold of 20? Does it signify a lack of trend strength or merely a period of consolidation? How does this indicator, in conjunction with other technical tools, help traders navigate potential market movements? Furthermore, what strategies should traders adopt when confronted with such a scenario to maximize their chances of success?