$ZK 4-hour chart sees a MACD golden cross above the zero line.
When looking at MACD crosses, where the cross occurs matters more than the cross itself. A golden cross above the zero line usually appears when a pullback in an uptrend is ending, suggesting the trend is likely to continue. It carries more weight than a golden cross below the zero line.
A single indicator can be misleading; it’s more reliable to consider volume and market structure together.
#ZK
When looking at MACD crosses, where the cross occurs matters more than the cross itself. A golden cross above the zero line usually appears when a pullback in an uptrend is ending, suggesting the trend is likely to continue. It carries more weight than a golden cross below the zero line.
A single indicator can be misleading; it’s more reliable to consider volume and market structure together.
#ZK