A note｜October 10, 23:27
The $HYPE 4-hour MACD crossed above the signal line below the zero line. There were 23 bearish momentum bars before the crossover. Price at the time: 86.03.
My take: a rebound signal, not a trend reversal.
I’ll come back in a week to see how it played out and check whether this signal was reliable. If you feel the same, comment “1.”
#HYPE
Make your own decisions when buying or selling—don’t follow blindly.
The $HYPE 4-hour MACD crossed above the signal line below the zero line. There were 23 bearish momentum bars before the crossover. Price at the time: 86.03.
My take: a rebound signal, not a trend reversal.
I’ll come back in a week to see how it played out and check whether this signal was reliable. If you feel the same, comment “1.”
#HYPE
Make your own decisions when buying or selling—don’t follow blindly.