#PI# The MACD above the 0 axis with red bars differs from the red bars below the 0 axis. Above the 0 axis, long positions dominate and the attack is primarily by the bulls, while below the 0 axis is a rebound. What happens during the rebound is that it will come down the same way it went up. If it's a whipsaw, it generally doesn't break below the 0 axis, meaning the MACD won't be below the 0 axis. Refer to the trend of Bitcoin Cash; it is a true rising trend. Then look at Pi to see if there are any differences between them.

PI3.53%
BTC3.45%
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GateUser-0163edb9vip
· 07-28 13:34
You should take a look at the BTC trend from ten years ago.
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Xinggevip
· 07-28 13:31
Generally, a MACD golden cross pattern below the 0 axis occurs as an accumulation behavior by market makers. Typically, when the MACD is below the 0 axis, there is no participation, as this process can be lengthy; it is quite normal for accumulation to take years.
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