$NEAR 4The hourly chart shows a MACD death cross below the zero line.
When looking at MACD crossovers, the position matters more than whether it’s a golden cross or a death cross. A death cross below the zero line often signals that a rebound has ended and bears are back in control. Don’t rush to buy the dip against the trend in this situation.
When technicals and news conflict, it’s better to wait.
Make your own decisions about buying and selling; don’t follow the crowd.
When looking at MACD crossovers, the position matters more than whether it’s a golden cross or a death cross. A death cross below the zero line often signals that a rebound has ended and bears are back in control. Don’t rush to buy the dip against the trend in this situation.
When technicals and news conflict, it’s better to wait.
Make your own decisions about buying and selling; don’t follow the crowd.