$ETH ｜4-hour MACD death cross, below the zero line, current price 2454.
The 4-hour MACD is sensitive and suitable for tracking short-term momentum, but its downside is that it produces a lot of noise. When it goes against the daily trend, it can easily be overwhelmed by a move in the opposite direction.
More importantly, the daily chart is also weakening, with both the larger and smaller timeframes aligning to the downside. Treat a crossover on just one timeframe as a warning.
#ETH
The 4-hour MACD is sensitive and suitable for tracking short-term momentum, but its downside is that it produces a lot of noise. When it goes against the daily trend, it can easily be overwhelmed by a move in the opposite direction.
More importantly, the daily chart is also weakening, with both the larger and smaller timeframes aligning to the downside. Treat a crossover on just one timeframe as a warning.
#ETH