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How does MACD histogram crossover indicator help in predicting cryptocurrency price movements?

kimtaeyongiMay 01, 2022 · 3 years ago1 answers

Can you explain how the MACD histogram crossover indicator can be used to predict the movements of cryptocurrency prices?

1 answers

  • May 01, 2022 · 3 years ago
    At BYDFi, we also use the MACD histogram crossover indicator as part of our trading strategy. It helps us identify potential entry and exit points for cryptocurrency trades. However, it is important to remember that trading cryptocurrencies involves risks, and it is always advisable to do thorough research and analysis before making any trading decisions.