$TIA 4A MACD death cross just appeared on the hourly chart (above the zero line). Before the crossover, the bullish momentum histogram lasted for 6 four-hour candles.
It’s easy to misread the signal if you focus only on the crossover, so I’ll check three things one by one:
① After the histogram turns negative, are the bars getting longer?
② Is volume confirming the move?
③ Will the price break below the previous support level?
The four-hour chart moves quickly, so it’s best to compare it with the daily trend. Are you bullish or bearish from here?
#TIA
NFA—do your own research.
It’s easy to misread the signal if you focus only on the crossover, so I’ll check three things one by one:
① After the histogram turns negative, are the bars getting longer?
② Is volume confirming the move?
③ Will the price break below the previous support level?
The four-hour chart moves quickly, so it’s best to compare it with the daily trend. Are you bullish or bearish from here?
#TIA
NFA—do your own research.