A MACD death cross has appeared on the $AVAX 4-hour chart, below the zero line.
When assessing a MACD crossover, where it occurs matters more than the crossover itself. A death cross below the zero line often means a weak rebound has fizzled out and weakness is continuing. Don’t rush to buy the dip in this situation.
When the indicator and fund flows are at odds, it’s better to wait and observe.
When assessing a MACD crossover, where it occurs matters more than the crossover itself. A death cross below the zero line often means a weak rebound has fizzled out and weakness is continuing. Don’t rush to buy the dip in this situation.
When the indicator and fund flows are at odds, it’s better to wait and observe.