$AAVE The daily chart has just formed a MACD death cross (above the zero line), and before the crossover, the bullish momentum histogram lasted for 19 daily candles.
Looking only at the crossover can easily lead to misjudgment; it is recommended to confirm the following three points one by one:
① Whether the histogram will continue to expand after turning negative;
② Whether trading volume can keep up;
③ Whether the price will fail to hold the previous support level.
Crossovers on the daily chart carry more weight, but they also take longer to verify. Will you chase it or wait and see?
This is not a recommendation; make your own judgment on the trade.
Looking only at the crossover can easily lead to misjudgment; it is recommended to confirm the following three points one by one:
① Whether the histogram will continue to expand after turning negative;
② Whether trading volume can keep up;
③ Whether the price will fail to hold the previous support level.
Crossovers on the daily chart carry more weight, but they also take longer to verify. Will you chase it or wait and see?
This is not a recommendation; make your own judgment on the trade.