Final MacD guide in cryptom trading
Cryptomena has been a hot topic in the commercial world for several years. With increasing cryptomes such as bitcoins, ethereum and others, retailers are looking for new ways of analyzing and profitable business. One of the most popular technical analysis tools that are used in crypto -trading is the sliding average convergence (MACD), which the sellers have expanded from all levels. In this article, we will offer a comprehensive MACD guide, including components, settings and use to use it for crypto -trading.
What is MacD?
MACD means a sliding average convergence convergence, which is a tool of technical analysis with which sellers can identify trends in financial markets. MacD is a RIP diagram showing two moving average values of different periods. One of the rows is 12-poet-Exponential sliding diameter (EMA) and the other 26-periodeama. If these two lines converge or distinguish, this may indicate the strength and direction of the trend.
MACD components
MacD components are:
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- Have a line : This line plans under EMA to display potential sales signals.
- Crossover indicator : When the signal guidance exceeds or under the guide of the line, it shows a trend change.
Settings
Setting up MacD:
- EMA period : Select 12, 26 or other number of periods you prefer. The longer the time of EMA, the more stable it becomes.
- The signal line period
: This determines how often the signal line exceeds or under the line held to display a change in the trend.
How to use a MacD to trade with cryptocurrencies
Use MacD in cryptom trading:
- Short-term store : Use MACD for shorter time frameworks such as 1-hour, 4-hour and 8-hour diagrams.
- Long -term Trade : Use MacD for longer time frames such as daily, weekly or monthly charts.
- Identify trends : Search the crossovers between the signal line and the line held to identify potential trends.
- Confirm signals : Use additional indicators such as RSI, Bollinger tape or stochastic oscillator with MacD to confirm the purchase or sale of signals.
tips and tricks
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- Use a few time images : Try different MacD settings in a different timeframe to see what works best for your business style.
- Be a patient : MACD is not a magical tool that guarantees profits. It is important to be patient and agree to your business strategy.
- has not been overestimated : Avoid the badge only by using MacD if you have a strong belief about the trend.
Diploma
MACD is an advanced technical analysis tool with which sellers have identified trends and produced profitable businesses in cryptoms markets. If you follow this comprehensive guide, you are on your way to handle MacD technology and become a successful cryptocurrency dealer. Do not forget to remain patient, disciplined and informed, as the world of cryptom trade is constantly evolving.
More sources
More information about MACD and technical analysis is recommended to check the following sources:
* INVESTOPEDIA : Comprehensive source for education of financial markets and technical analyzes.
* TRADINGView : Platform for the diagram and analysis of financial markets with a large community of dealers and analysts who share knowledge and findings.
* CRYPTOCOMPARE : A website that offers prices, diagrams and messages in real -time cryptocurrencies.
