The chart above shows what the Histogram represents. The first label shows how the MACD is higher than the Signal line. This creates a positive green bar that has a height equal to the difference ...

So below we have a monthly chart of the S&P 500 since the year 2000. Beneath the price I have plotted the MACD histogram. Most charting software packages have this function.

Per Fairlead, the long-term outlook will flip bullish once prices cross above " Ichimoku cloud " resistance at $31,900" and momentum indicators like the MACD histogram validate the move.

What to know: A key momentum indicator, the MACD histogram, has turned bullish, supporting predictions of a bitcoin rally to $150,000-$200,000.

The MACD histogram is a technical indicator widely used to gauge trend strength and trend changes. By Omkar Godbole |Edited by Sheldon Reback Jun 13, 2023, 10:23 a.m. UTC (Joa70/Pixabay) ...