Market Notes｜$KGEN ｜4-hour MACD｜Bearish crossover above the zero line
Definition: The same MACD settings can mean different things on different timeframes: crossovers occur more often on shorter timeframes and less often on daily charts, but they carry greater significance.
How to read it: A bullish crossover above the zero line is often seen as a sign that a pullback in an uptrend has come to an end, while a bullish crossover below the zero line is more often viewed as a sign of a rebound within a downtrend.
Extreme readings are usually accompanied by greater volatility. At times like these, it’s better to reduce your position size rather than make a big bet.
Definition: The same MACD settings can mean different things on different timeframes: crossovers occur more often on shorter timeframes and less often on daily charts, but they carry greater significance.
How to read it: A bullish crossover above the zero line is often seen as a sign that a pullback in an uptrend has come to an end, while a bullish crossover below the zero line is more often viewed as a sign of a rebound within a downtrend.
Extreme readings are usually accompanied by greater volatility. At times like these, it’s better to reduce your position size rather than make a big bet.