$MET ｜4-hour MACD death cross above the zero line; current price: 0.4235.
The 4-hour MACD is sensitive and suited to tracking short-term momentum. The trade-off is more false signals, which are often negated by countertrend moves when they conflict with the daily trend.
More importantly, the daily chart is weakening in tandem, with both the higher and lower timeframes moving down together. Treat a crossover on any single timeframe as just one point of reference.
NFA. Do your own research.
The 4-hour MACD is sensitive and suited to tracking short-term momentum. The trade-off is more false signals, which are often negated by countertrend moves when they conflict with the daily trend.
More importantly, the daily chart is weakening in tandem, with both the higher and lower timeframes moving down together. Treat a crossover on any single timeframe as just one point of reference.
NFA. Do your own research.