$BTW 4The hourly chart shows a MACD death cross above the zero line.
When assessing MACD crossovers, where the crossover occurs matters more than whether it’s a golden cross or a death cross. A death cross above the zero line means upward momentum is slowing and the market may be entering a correction phase. However, the bullish structure isn’t necessarily broken; it depends on whether the DIF falls below the zero line.
Moving averages lag—that’s normal. Don’t expect them to pinpoint the exact highs and lows.
#BTW
This is not a trading signal.
When assessing MACD crossovers, where the crossover occurs matters more than whether it’s a golden cross or a death cross. A death cross above the zero line means upward momentum is slowing and the market may be entering a correction phase. However, the bullish structure isn’t necessarily broken; it depends on whether the DIF falls below the zero line.
Moving averages lag—that’s normal. Don’t expect them to pinpoint the exact highs and lows.
#BTW
This is not a trading signal.