Honestly, when I first started learning technical analysis, I’d jump in whenever I saw a MACD golden cross and run whenever I saw a death cross. I ended up getting chopped up over and over in sideways markets.
Now, looking at this $ATOM daily-chart golden cross, the first thing I check is its position: above the zero line. Golden crosses above the zero line carry more weight for me, though I still look to see whether volume confirms the move.
Let’s keep an eye on what happens next.
#ATOM
DYOR, and don’t take on more risk than you can afford.
Now, looking at this $ATOM daily-chart golden cross, the first thing I check is its position: above the zero line. Golden crosses above the zero line carry more weight for me, though I still look to see whether volume confirms the move.
Let’s keep an eye on what happens next.
#ATOM
DYOR, and don’t take on more risk than you can afford.