The $ZEC 4-hour chart has formed a MACD death cross below the zero line.
When assessing a MACD crossover, its position matters more than the crossover itself. A death cross below the zero line often signals that the rebound has ended and bears are back in control, so don’t rush to buy the dip in this situation.
Signals carry more weight when the larger and smaller timeframes align.
When assessing a MACD crossover, its position matters more than the crossover itself. A death cross below the zero line often signals that the rebound has ended and bears are back in control, so don’t rush to buy the dip in this situation.
Signals carry more weight when the larger and smaller timeframes align.