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Title: Question? (Bitcoin Chart - MACD) Post by: BitEnthusiast on January 08, 2014, 02:59:04 AM What does it mean when divergence moves up and moves down? I'm new to trading and reading charts, hope my question is explained well enough to get the answers I need. Feel free to correct me where I'm wrong. 😊
http://bitcoincharts.com/charts/btceUSD#rg180ztgSza1gEMAzm1g10za2gEMAzm2g25zxzi1gMACDzvzcv (http://bitcoincharts.com/charts/btceUSD#rg180ztgSza1gEMAzm1g10za2gEMAzm2g25zxzi1gMACDzvzcv) Title: Re: Question? (Bitcoin Chart - MACD) Post by: eronyx on January 09, 2014, 08:36:56 AM What does it mean when divergence moves up and moves down? I'm new to trading and reading charts, hope my question is explained well enough to get the answers I need. Feel free to correct me where I'm wrong. 😊 http://bitcoincharts.com/charts/btceUSD#rg180ztgSza1gEMAzm1g10za2gEMAzm2g25zxzi1gMACDzvzcv (http://bitcoincharts.com/charts/btceUSD#rg180ztgSza1gEMAzm1g10za2gEMAzm2g25zxzi1gMACDzvzcv) I think this will answer it better for you :) http://www.investopedia.com/terms/m/macd.asp (http://www.investopedia.com/terms/m/macd.asp) Title: Re: Question? (Bitcoin Chart - MACD) Post by: MarCoin on January 09, 2014, 09:07:29 AM When the MACD gets far from zero it means that the two means you choosen as parameters are diverging. Practically, the vertical space between them (taken from the same X value, where X is a bar on the chart) is different from zero. Negative or Positive MACD value means that one or another mean has greater value then the other one :)
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