$PEPE 4-hour MACD forms a death cross above the zero line.
When I first started learning MACD, I acted whenever I saw a golden cross or a death cross. Later, I realized that how much significance a crossover has depends on where it occurs and on the trend leading up to it. A golden cross above the zero line is often seen as the end of a pullback, while one below the zero line is more often seen as a rebound. Looking at the crossover alone can be misleading.
Understanding an indicator is about being less swayed by any single number—not using it to predict price movements with precision.
#PEPE
When I first started learning MACD, I acted whenever I saw a golden cross or a death cross. Later, I realized that how much significance a crossover has depends on where it occurs and on the trend leading up to it. A golden cross above the zero line is often seen as the end of a pullback, while one below the zero line is more often seen as a rebound. Looking at the crossover alone can be misleading.
Understanding an indicator is about being less swayed by any single number—not using it to predict price movements with precision.
#PEPE