When discussing the MACD golden cross on the $ZEREBRO daily chart, we should first clarify its two limitations:
First, it lags. MACD is calculated from moving averages, so by the time the golden cross appears, the price has usually already risen some distance from its low (up +54.83% over 24 hours).
Second, it struggles in choppy markets. In a range-bound market, golden and death crosses can keep alternating, producing many false signals.
Before this cross, the countertrend histogram bars lasted only 7 daily candles—a relatively short time—so watch out for repeated crosses.
First, it lags. MACD is calculated from moving averages, so by the time the golden cross appears, the price has usually already risen some distance from its low (up +54.83% over 24 hours).
Second, it struggles in choppy markets. In a range-bound market, golden and death crosses can keep alternating, producing many false signals.
Before this cross, the countertrend histogram bars lasted only 7 daily candles—a relatively short time—so watch out for repeated crosses.