MACD

September is done now. It was a pretty mixed month for the crypt industry, with coin prices moving with high volatility. However, many in the crypto market are still confident that things will be better in October. As it has always been, any recovery that comes to the crypto market will hit Bitcoin first. The asset remains by far the most valuable in the industry. So, it will need to lead others that hope to see gains as well. Recapping…

Several specialized indicators can perform crypto trading trend analysis, but none is as prominent and straightforward as the Moving Average Convergence Divergence (MACD).  The MACD helps deduce whether a current short-term price movement follows the same trajectory as the overall longer-term price movement. As its name suggests, you can convert averages into momentum swings by subtracting the longer-term average from the short-term one. Understanding how the MACD works could greatly appreciate its high consideration rate by many traders as the…