Let me add something: when I first learned technical analysis, I’d buy as soon as I saw a MACD golden cross and sell as soon as I saw a death cross. I ended up getting whipsawed repeatedly in sideways markets.
Now, looking at this 4-hour golden cross $NEAR , the first thing I check is its position: below the zero line. I treat golden crosses below the zero line as rebounds, not reversals.
What would you do in this situation?
#NEAR
Be aware of the risks and make your own decisions.
Now, looking at this 4-hour golden cross $NEAR , the first thing I check is its position: below the zero line. I treat golden crosses below the zero line as rebounds, not reversals.
What would you do in this situation?
#NEAR
Be aware of the risks and make your own decisions.