Hello, my friends. ๐Today I would like to analyze with you using of MACD indicator at different time - frames. We can understand the appropriateness of its use for different types of traders.
๐๐ป On the chart, you can see 3 different time periods of the Bitcoin price. โ At the bottom of each chart is an indicator.
I marked the entry points (the intersection of the lines below) to the position - buy๐ธ and the exit points from the position - the sale๐ช๐ป (intersection of the lines above). And I calculated how much time had to expect profit for all types of traders.๐ค
And by the way, for medium-term and long-term traders, a buy signal was not so long ago, that's why the MACD and I expect a sell signal (which means growth) ๐คฃ๐คฃ๐คฃ
Of course, this indicator has several disadvantages.๐คซ
โ๐ปIf you are interested in it, write me in the comments, I'll try to make an EDU post with details about MACD.
Thank you for staying with me๐๐ป Love you๐งก Sincerely Your Rocket Bomb๐๐ฃ