Hello everyone, hope you are doing well and handling the crypto winter properly! Is there any indicator in technical analysis that could save your money from potential market reversal risks? In our previous videos, we have talked about momentum indicators and trending indicators. In today’s video, we will talk about Moving Average Convergence Divergence, or MACD for short. This indicator combines momentum and trend indicators. On top of that, we will discuss two trading pairs, namely BTC/USDT and BCH/USDT in our KuCoin trading interface. Happy Trading and Learning with KuCoin!
Timestamps for you:
00:39 today’s video’s table of content
01:04 What is Moving Average Convergence Divergence (MACD)?
02:04 How to read MACD with KuCoin trading interface?
02:50 How to apply MACD in KuCoin trading interface to Bitcoin and Bitcoin Cash trading pairs?
04:54 Summary
~ What is KuCoin ~
About KuCoin Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform focusing on inclusiveness and community action reach, it offers over 700 digital assets. Currently, it provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 18 million users in 207 countries and regions.
In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total assets to $170 million with Round A combined, at a total valuation of $10 billion. KuCoin is currently one of the top 5 crypto exchanges, according to CoinMarketCap. Forbes also named KuCoin one of the Best Crypto Exchanges in 2021. In 2022, The Ascent named KuCoin the Best Crypto App for enthusiasts.
Disclaimer:
The content mentioned in this video is for informational purposes only. Nothing here shall be construed as financial, legal, or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. Do your research.