Where is the money flowing? Here are the clues:
$ZEC 4-hour MACD golden cross below the zero line. Indicators are calculated from price; to see where the actual money is flowing, look at trading volume.
If turnover rises after the golden cross, it means money is following through. If volume doesn’t pick up, the golden cross is more likely due to selling pressure easing—it doesn’t mean new money is coming in.
How would you respond?
#ZEC
Crypto markets are volatile, so don’t use too much leverage.
$ZEC 4-hour MACD golden cross below the zero line. Indicators are calculated from price; to see where the actual money is flowing, look at trading volume.
If turnover rises after the golden cross, it means money is following through. If volume doesn’t pick up, the golden cross is more likely due to selling pressure easing—it doesn’t mean new money is coming in.
How would you respond?
#ZEC
Crypto markets are volatile, so don’t use too much leverage.