$DOGE 4-hour chart shows a bullish MACD crossover below the zero line.
When looking at a MACD crossover, its position matters more than the crossover itself. A bullish crossover below the zero line indicates that bearish momentum is fading during a downtrend. It is generally a rebound signal, and is less reliable than a crossover above the zero line. Only when the DIF rises back above the zero line can we say the trend is strengthening.
It’s normal for indicators to lag. Don’t expect them to pinpoint the highs and lows.
#DOGE
Crypto assets are highly volatile, so don’t take on too large a position.
When looking at a MACD crossover, its position matters more than the crossover itself. A bullish crossover below the zero line indicates that bearish momentum is fading during a downtrend. It is generally a rebound signal, and is less reliable than a crossover above the zero line. Only when the DIF rises back above the zero line can we say the trend is strengthening.
It’s normal for indicators to lag. Don’t expect them to pinpoint the highs and lows.
#DOGE
Crypto assets are highly volatile, so don’t take on too large a position.