$AVAX 4 The hourly chart shows a MACD death cross below the zero line.
When assessing a MACD crossover, where it occurs matters more than whether it’s a golden cross or a death cross. A death cross below the zero line usually signals that a rebound has ended and the bears are back in control. Don’t rush to buy the dip against the trend in this situation.
Indicators reflect the past, while prices move into the future—don’t treat them as predictions.
When assessing a MACD crossover, where it occurs matters more than whether it’s a golden cross or a death cross. A death cross below the zero line usually signals that a rebound has ended and the bears are back in control. Don’t rush to buy the dip against the trend in this situation.
Indicators reflect the past, while prices move into the future—don’t treat them as predictions.