Resolved Question
What does a narrowing of range of MACD signifies? Simply a narrowing of price range?
about 1 year ago
Best Answer - Chosen by Voters
It just means that the trend isn't that strong, and that the pair's direction is generally sideways. It does not necessarily indicate that the price range is getting tighter. Indicators are still just indicators though. Sometimes you'd see the MACD move sideways yet the price keeps on going higher and higher.
about 1 year ago
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Answers (1)
Generally, it is considered that when the MACD falls below the signal line it can be regarded as bearish and may well indicate a time to sell, whereas when the MACD rises above the signal line indicating a bullish trend which may indicate an upward trend in price.
about 1 year ago
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