Just jotting this down: I've been watching the $ZRO 4-hour chart for a while. The bullish momentum histogram has run for 11 four-hour candles, and MACD has finally formed a death cross.
I usually don't act on the candle where the crossover happens. I wait for another two or three candles: if the bars keep growing downward and the price breaks below a recent low, then I take it seriously.
Down 8.15% over the past 24 hours. How do you usually read MACD?
#ZRO
I usually don't act on the candle where the crossover happens. I wait for another two or three candles: if the bars keep growing downward and the price breaks below a recent low, then I take it seriously.
Down 8.15% over the past 24 hours. How do you usually read MACD?
#ZRO