A MACD death cross appeared on the $AVAX 4-hour chart, below the zero line.
When assessing MACD crossovers, where they occur matters more than the crossover itself. A death cross below the zero line often signals a weak rebound fizzling out and the downtrend continuing, so don’t rush to buy the dip.
Don’t make decisions based on just one indicator; look at trading volume and market structure too.
#AVAX
When assessing MACD crossovers, where they occur matters more than the crossover itself. A death cross below the zero line often signals a weak rebound fizzling out and the downtrend continuing, so don’t rush to buy the dip.
Don’t make decisions based on just one indicator; look at trading volume and market structure too.
#AVAX