$WLD 日 daily level just showed a MACD death cross (above the zero line). Before the cross, the bullish momentum histogram columns ran for 19 daily candlesticks.
Just looking at the cross can be misleading. It’s recommended to verify these three points one by one:
① After the columns turn negative, do they keep expanding?
② Does volume confirm?
③ Has the price broken below the most recent low?
The crossing signals on the daily timeframe carry more weight, but you also need to be more patient when validating. What would you do?
Crypto assets are highly volatile, so position sizing must be restrained.
Just looking at the cross can be misleading. It’s recommended to verify these three points one by one:
① After the columns turn negative, do they keep expanding?
② Does volume confirm?
③ Has the price broken below the most recent low?
The crossing signals on the daily timeframe carry more weight, but you also need to be more patient when validating. What would you do?
Crypto assets are highly volatile, so position sizing must be restrained.