Let's talk about this MACD golden cross at $UNI 4 hours. First, we need to be clear about its two limitations:
First, lag. MACD is derived from moving averages, so by the time a golden cross appears, the price has usually already risen some distance from its low (up +11.69% in 24h).
Second, it struggles in choppy markets. In a range-bound market, golden and death crosses can appear repeatedly, creating a lot of noise.
Before this crossover, the reverse histogram bars lasted for only 7 4-hour candlesticks—not long, so beware of repeated crossovers. Also, since it's below the zero line, treat it as a rebound for now.
#UNI
First, lag. MACD is derived from moving averages, so by the time a golden cross appears, the price has usually already risen some distance from its low (up +11.69% in 24h).
Second, it struggles in choppy markets. In a range-bound market, golden and death crosses can appear repeatedly, creating a lot of noise.
Before this crossover, the reverse histogram bars lasted for only 7 4-hour candlesticks—not long, so beware of repeated crossovers. Also, since it's below the zero line, treat it as a rebound for now.
#UNI