When the MACD line crossed below the centerline, it signaled a divergence between the two averages. When this occurred, traders assumed there was rising momentum and looked for buying opportunities.
AVAX price has surged 10% in the past week amid VanEck’s ETF proposal and a $2 million investment from WLFI. Large holders ...
MACD reveals both direction and underlying momentum ... Trend identification: A rising price above a rising moving average indicates an uptrend in the given time frame, while a falling price ...
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