$SUI ｜4-hour MACD｜Bullish crossover below the zero line
Before looking at your position, first understand MACD.
The same MACD settings can mean quite different things across timeframes: crossovers occur more often on the 4-hour chart and less often on higher timeframes, but they carry more weight there.
Many people compare two timeframes: when the higher-timeframe trend hasn’t changed, a countertrend crossover on the 4-hour chart is often just a pullback or a minor bounce.
With leveraged positions, first work out whether you can withstand the worst-case scenario, then consider what the signal is saying.
This is only a market note. Make your own trading decisions.
Before looking at your position, first understand MACD.
The same MACD settings can mean quite different things across timeframes: crossovers occur more often on the 4-hour chart and less often on higher timeframes, but they carry more weight there.
Many people compare two timeframes: when the higher-timeframe trend hasn’t changed, a countertrend crossover on the 4-hour chart is often just a pullback or a minor bounce.
With leveraged positions, first work out whether you can withstand the worst-case scenario, then consider what the signal is saying.
This is only a market note. Make your own trading decisions.