Reason Two an Ethereum Bull Run is Incoming: The Hull MACD Bulli

The Hull MACD is an interesting creation. Like the Hull moving average it is extraordinarily responsive compared to other moving averages but discerning the movements can take a lot of time (and cost you a lot of money). I find that the H-MACD is a lot better at predicting when you should get out as opposed to when you should get ( Recall Bernard Baruch’s quote “I made my money selling too soon.”) He we see repeatedly the peak of the H-MACD occurs before the peak in the price action. Now, even though I said the H-MACD is not that great for enter it helps confirm other indicators and the incoming bullish suggests pretty strongly that we are forming a bottom. We can see from the ellipses that these bullish crosses can get pretty wonky.

I know a two-day period is not standard for TA but the MACD on the daily chart can be noisy and hard to discern. Moving to a two day period takes away a lot of the wiggly wobbliness and gives a clear picture. But we see that a bullish cross in both the orange and yellow areas predicted a reversal in price action and a lagging cross on the MACD and I suspect very strongly that the H-MACD will have bullish cross followed by the MACD having a bullish cross and a great bull run.