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Vertigo88
Apr 22, 2021 3:52 PM

Why aren't people looking at the MACD! 

Bitcoin Liquid IndexBrave New Coin

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Why aren't people looking at the MACD!
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shawnmartin721
Because the Macd gives a lot of false signals. I am looking at divergence on weekly chart that has been there all year. MFI dropping while price goes up and volume drops off has been watching. Every time it happens I see a pull back but its on the weekly charts. That is a pretty powerful signal. The Macd is better for stocks not crypto in my honest opinion. It gives too many false signals. Either way I think we are looking at a serious pullback. Somehow it hasn't touch ETH yet. That chart still looks strong.
Vertigo88
@shawnmartin721, historically the Weekly chart MACD has been vary acurate.
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