A bearish MACD crossover appeared on the $LINK 4-hour chart, below the zero line.
When looking at MACD crossovers, where they occur matters more than the crossover itself. A bearish crossover below the zero line usually signals that a weak rebound has fizzled out and the downtrend is continuing. This is not a good place to go against the trend and buy the dip.
Indicators show probabilities, not conclusions.
When looking at MACD crossovers, where they occur matters more than the crossover itself. A bearish crossover below the zero line usually signals that a weak rebound has fizzled out and the downtrend is continuing. This is not a good place to go against the trend and buy the dip.
Indicators show probabilities, not conclusions.