🐋 Funds are voting with their feet:
$BTC 4-hour MACD death cross below the zero line. Indicators are calculated from prices; to see how real money is moving, look at trading volume.
If a death cross is accompanied by rising volume, it indicates that funds are cashing out en masse. A death cross on shrinking volume is more likely to mean buyers are sitting on the sidelines, so the move will have limited strength.
What will you do if the market moves in the opposite direction next?
#BTC
$BTC 4-hour MACD death cross below the zero line. Indicators are calculated from prices; to see how real money is moving, look at trading volume.
If a death cross is accompanied by rising volume, it indicates that funds are cashing out en masse. A death cross on shrinking volume is more likely to mean buyers are sitting on the sidelines, so the move will have limited strength.
What will you do if the market moves in the opposite direction next?
#BTC