$SUI 4A MACD golden cross (below the zero line) has just appeared on the hourly timeframe. Before the crossover, bearish momentum bars persisted for 9 four-hour candles.
A crossover alone can be misleading, so check these three things in order:
① Do the bars keep getting longer after turning positive?
② Is volume confirming the move?
③ Can the price break above the recent high?
The four-hour timeframe moves fast, so consider it alongside the daily trend. What signals do you look for before making a move?
#SUI
A crossover alone can be misleading, so check these three things in order:
① Do the bars keep getting longer after turning positive?
② Is volume confirming the move?
③ Can the price break above the recent high?
The four-hour timeframe moves fast, so consider it alongside the daily trend. What signals do you look for before making a move?
#SUI