🐋 The $Q 4-hour MACD has formed a golden cross above the zero line.
Golden and death crosses are everywhere on the chart. What really matters is where they occur and what the trend was beforehand.
The MACD is calculated from moving averages, so it inherently lags: by the time a golden or death cross occurs, the price has usually already moved some distance.
Extreme readings often come with greater volatility. At times like these, it’s better to reduce leverage rather than increase your position.
Golden and death crosses are everywhere on the chart. What really matters is where they occur and what the trend was beforehand.
The MACD is calculated from moving averages, so it inherently lags: by the time a golden or death cross occurs, the price has usually already moved some distance.
Extreme readings often come with greater volatility. At times like these, it’s better to reduce leverage rather than increase your position.