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SHIB’s MACD line has crossed above the signal line for the first time in 39 days. This crossover is often interpreted as a bullish signal and could attract renewed speculative buying.
Bitcoin’s MACD line and signal line completed a bullish cross in early February suggesting a reversal to the predominant downtrend may be in order. Since then, the histogram, representing the ...
When the MACD histogram crosses below the MACD zero index level a sell signal is generated. The MACD-Histogram represents the difference between MACD and its 9-day EMA, the signal line.
So, DIFF = EMA 12 – EMA 26 and DEA = EMA (DIFF, 9) The signal line assisted traders in making buy and sell decisions. Traders may buy the stock if the MACD line crosses the signal line from below.