MACD indicator (Moving Average Convergence & Divergence) Chinese is called smooth moving average convergence and divergence indicator , In the technical analysis of the token K line, this indicator is used to judge the token price trend, determine the band increase and find the trading point. The most commonly used values are 12 days, 26 days, and 9 days, also known as MACD (12, 26, 9).
Golden cross of MACD indicator :
When the bar chart turns from negative to positive and the fast line breaks through the slow line, it is regarded as a golden cross (predicting that the market will rise), indicating that there may be a wave of gains in the future, and investors usually regard it as a buy signal.
Death crossover of MACD indicator:
When the fast line falls below the slow line, that is, the bar chart turns from positive to negative, it is regarded as a death cross (predicting that the market will fall), indicating that there may be a wave of decline in the future, and investors usually regard it as a sell signal.