MACD: an indicator every trader should know

MACD (Moving Average Convergence Divergence) is one of the most popular technical analysis tools, helping traders identify potential entry and exit points in the market. This indicator combines two moving averages that show trend changes, its strength, and duration. When the MACD line crosses the signal line, it signals a potential trend reversal. The ability to correctly interpret MACD signals allows for effective market condition assessment and risk minimization when trading cryptocurrencies.