$ZRO 4 The hourly chart has just formed a MACD death cross above the zero line. Before the crossover, the bullish momentum histogram lasted for 11 four-hour candles.
It’s easy to misread if you focus only on the crossover, so I’ll check three things in order:
① Whether the bars continue to grow after turning negative;
② Whether volume confirms the move;
③ Whether the price breaks below the previous low.
The four-hour signal is more short-term, so it’s best to consider it alongside the daily trend. If you were me, would you act or wait and see?
#ZRO
It’s easy to misread if you focus only on the crossover, so I’ll check three things in order:
① Whether the bars continue to grow after turning negative;
② Whether volume confirms the move;
③ Whether the price breaks below the previous low.
The four-hour signal is more short-term, so it’s best to consider it alongside the daily trend. If you were me, would you act or wait and see?
#ZRO