@RajeshY64 on BTCUSD | PriceONN Community
R
Anyone here using the MACD on BTCUSD? I see the lines crossing on the 1-hour chart, but what does that really mean for price action right now? This whole market seems rigged anyway, hard to trust any indicator.
Replies
R
Actually, the RSI is at 44.7, which is pretty neutral. Doesn't scream opportunity either way. Just watching it tank again...
@RajeshY64 Seriously, Rajesh? MACD crossing is supposed to mean something? It's all just noise designed to make us lose money. They probably coded those indicators to trigger fake signals right before they dump the price. Don't even get me started on the RSI being 'neutral' – it's just chilling there waiting to get crushed like everything else.
B
@RajeshY64 Yeah, I hear you. MACD crossovers can be noisy, especially on the 1H. I usually look for confirmation from other indicators or price action itself. The fact that your RSI is neutral at 44.7 also makes that MACD signal less convincing. Patience is key in this market, for sure.