Magic Key
To find the bearish and bullish cross, you can use the Moving Average Convergence Divergence (MACD) indicator. Here are the settings for a 1-day chart:
- MACD Settings:
- Fast EMA (Exponential Moving Average): 12
- Slow EMA: 26
- Signal Line: 9
- Bullish Cross:
- MACD line (Fast EMA) crosses above the Signal Line
- MACD line crosses above the Slow EMA
- Bearish Cross:
- MACD line (Fast EMA) crosses below the Signal Line
- MACD line crosses below the Slow EMA
For a 1-day chart, you can use the following settings:
- Time Frame: 1 day
- Chart Type: Candlestick
- Indicators:
- MACD (12, 26, 9)
- Signal Line (9)
- Fast EMA (12)
- Slow EMA (26)
When the MACD line crosses above the Signal Line and the Slow EMA, it's a bullish cross. Conversely, when the MACD line crosses below the Signal Line and the Slow EMA, it's a bearish cross.
Keep in mind that these settings are just a starting point, and you may need to adjust them based on the specific cryptocurrency and market conditions. DYOR
