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RE: STEEM Technical Analysis Shows Very Oversold Condition

in #steem7 years ago

Here is a good source to understand about MACD:

https://www.investopedia.com/terms/m/macd.asp

And how to use MACD Divergence to find a possible reversal.

https://www.investopedia.com/articles/forex/05/macddiverge.asp

And some other ways on how to use MACD

https://www.investopedia.com/articles/technical/082701.asp

You Will notice that none of them mention oversold/overbought

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I was more like interested in MACD as a tool for oversold/overbought conditions. There are more articles about it, but this one looks quite explanatory.