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POWERBSC
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MACD is a commonly used technical analysis indicator, full name Moving Average Convergence Divergence, in Chinese called指数平滑异同移动平均线. It is used to determine the strength, direction, momentum, and possible reversal points of trends in assets such as stocks, futures, and cryptocurrencies. Common uses of MACD

1. Golden Cross and Death Cross

Golden Cross: DIF breaks above DEA from below → Possible rise

Death Cross: DIF breaks below DEA from above → Possible drop

2. Column Conversion

Red column turns green → Market may weaken

Green column turns red → Market may strengthen

3. Divergence

Price makes a new high, but MACD does not make a new high → Possible peak

Price makes a new low, but MACD does not make a new low → Possible bottom