RocketBomb
Long

BITCOIN vs MACD on weekly time - frame ๐Ÿ”ฅ

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello my dear and lovely friends๐Ÿงก

I noticed, that you like my charts on longer timeframes better, it makes me think that most of my followers are medium-term or long-term investors. Isn't it?๐Ÿง


There are many indicator fans here. ๐Ÿค—I thought it would be interesting for beginners to get some information on <<how to use MACD>> in practice.๐Ÿ’ฅ

There are many subtleties in setting up indicators, but you need to start with basic knowledge.โ˜๐Ÿป

Most often, MACD indicator is used to identify trading signals during sideways price movements - periods of stabilization of the rate after an increase or decrease (consolidation).

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.

The larger the timeframe (the time period of one chart element), the less false signals will be.

If You have any questions - write me ๐Ÿ‘‡๐Ÿป

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Thank you guys for staying with me๐Ÿ™๐Ÿป
I appreciate everyone of You๐Ÿ˜˜
Love love love๐Ÿงก๐Ÿงก๐Ÿงก

Always Sincerely Your Rocket Bomb๐Ÿš€๐Ÿ’ฃ
Comment: New chart!๐Ÿ’‹
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Comments

Beautiful work, as usual, appreciated .๐Ÿ‘
+2 Reply
RocketBomb Pps33_Day
@Pps33_Day, thank You, Florin! Don't get lost ๐Ÿ’‹
Stay in touch โ˜บ๏ธ
+1 Reply
Pps33_Day RocketBomb
@RocketBomb,It's a little hot to be in touch with you, but I'm trying ๐Ÿ˜…
Reply
RocketBomb Pps33_Day
@Pps33_Day, i will find a ways to cool down You ๐Ÿ˜œ
+1 Reply
Pps33_Day Pps33_Day
@Pps33_Day,I'm blue and you're red, let's see if you can beat me if you've reached me

+2 Reply
RocketBomb Pps33_Day
@Pps33_Day, great chart! Thanks ๐Ÿ‘ What's your prediction?)
+2 Reply
Pps33_Day RocketBomb
@RocketBomb, hmmmm, it's hard to make predictions these days ...
there will definitely be some surprises in the future.I like volatility.
Reply
RocketBomb Pps33_Day
@Pps33_Day, You are saying like Nostradamus ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ
+2 Reply
dear RocketBomb, yes medium-term & long-term investor, but also likes short term for alts opportunities !
all of your work is wonderful, thanks so much ! xxOO
+2 Reply
RocketBomb Sweetcanary
@Sweetcanary, I appreciate Your feedback! I work in both of direction each day!๐Ÿ’‹
+2 Reply
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