$HYPE ｜4-hour MACD｜Death cross below the zero line
What is MACD? A golden cross occurs when DIF crosses above DEA, while a death cross occurs when DIF crosses below DEA. The corresponding histogram bars shift from negative to positive and from positive to negative, respectively.
Many people look at two timeframes together: when the direction on the longer timeframe remains unchanged, a countertrend crossover on the shorter timeframe is often just a pullback or a rebound.
Understanding this indicator is about being less alarmed by a single number, not using it to predict tops and bottoms.
#HYPE
What is MACD? A golden cross occurs when DIF crosses above DEA, while a death cross occurs when DIF crosses below DEA. The corresponding histogram bars shift from negative to positive and from positive to negative, respectively.
Many people look at two timeframes together: when the direction on the longer timeframe remains unchanged, a countertrend crossover on the shorter timeframe is often just a pullback or a rebound.
Understanding this indicator is about being less alarmed by a single number, not using it to predict tops and bottoms.
#HYPE