$DOGE The 4-hour timeframe has just seen a MACD golden cross below the zero line. Before the crossover, bearish momentum bars persisted for 20 four-hour candles.
It’s easy to misread the signal if you focus only on the crossover. I suggest checking these three things in order:
① Do the bars continue to grow after turning positive?
② Is volume supporting the move?
③ Can price break above the previous high?
The 4-hour timeframe is more suited to short-term trading, so it’s best to compare it with the daily trend as well. What do you consider the key levels?
Data is from public sources; please verify it independently.
It’s easy to misread the signal if you focus only on the crossover. I suggest checking these three things in order:
① Do the bars continue to grow after turning positive?
② Is volume supporting the move?
③ Can price break above the previous high?
The 4-hour timeframe is more suited to short-term trading, so it’s best to compare it with the daily trend as well. What do you consider the key levels?
Data is from public sources; please verify it independently.