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The idea being that a trend that is picking up in momentum will result in the moving averages diverging from each other, and the opposite if cryptl just to keep losing steam.
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How to Read MACD Indicator |Explained For BeginnersThe MACD line (1) helps determine the market trend. This line is an EMA, calculated by subtracting two different exponential moving averages, usually the 12 and. The Moving Average Convergence Divergence (MACD) is a popular technical analysis indicator used to analyze financial markets, including the cryptocurrency. MACD or the moving average convergence divergence indicator denotes a momentum metric oscillator for traders who abide by a trend strategy.
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