Moving Average Convergence Divergence (MACD) is a momentum indicator used by traders to determine if the short-term trend is working in their favor. MACD crossovers are used to signal to buy and sell opportunities. A Quick Intro to MACD Last week we saw that moving averages are great to identify (detect) trends in the market because they represent bullish momentum if the smooth line is slanted upward.
Support and Resistance are key price levels that act as speed bumps Support and Resistance levels are used to define the trading channel Introductions to Buy and Sell Walls Support and Resistance are significant price levels that act as speed bumps that impede the price of bitcoin, for example, to push in a certain way. The price is expected