A friend just asked me: “The $LINK 4-hour MACD has formed a death cross. Should I get out?”
I told him what I really thought:
1. This is a death cross below the zero line, which means the bears are still in control and the recovery hasn’t materialized again;
2. MACD lags, so by the time the crossover appears, the price has already moved;
3. Don’t look at just one indicator—consider volume and key levels too.
After hearing me out, he said: “So after all that, I still have to make the call myself.” Exactly. Indicators are just a heads-up.
NFA. Do your own research.
I told him what I really thought:
1. This is a death cross below the zero line, which means the bears are still in control and the recovery hasn’t materialized again;
2. MACD lags, so by the time the crossover appears, the price has already moved;
3. Don’t look at just one indicator—consider volume and key levels too.
After hearing me out, he said: “So after all that, I still have to make the call myself.” Exactly. Indicators are just a heads-up.
NFA. Do your own research.