MACD confirms downward...
MACD confirm upward movement.
Not exact matches
Just as with the
MACD, traders using the RSI might wait for the trend reversal to be
confirmed.
This strategy is used in conjunction with the
MACD indicator to
confirm or assist in timing buy and sell decisions.
Three trading days later, DJIA's faster moving
MACD «Buy» indicator (2) turned negative
confirming a loss of upward momentum.
So once we enter April or October we begin tracking
MACD for a
confirming «buy» or «sell» signal and issue an Almanac Investor Alert when it occurs.
One technique that technical analysts may use to
confirm the direction of the trend is to determine whether the
MACD indicator is making higher highs or lower lows in conjunction with the price.
MACD histogram
confirms upward movement and we should join...
RSI
confirms price reversal and
MACD histogram
confirms that the market probably will rise to the previous high.
I find that having both EMA and
MACD aligned is useful for
confirming market bias.
It requires the both the EMA and the
MACD to point in the same direction to
confirm the momentum.
The
MACD is moving to the negative
confirming the increasing selling pressure.
As for the technical indicators, the movement of the
MACD line is displaying a weak bullish signal, while the RSI indicator is showing that Bitcoin is in overbought territory,
confirming a potential bullish movement.