š³ $CT 4-hour golden cross. From a position-holderās perspective:
The bearish momentum histogram has persisted for 12 consecutive 4-hour candles, meaning bears had been in control, but selling pressure is now starting to fade. However, the crossover is below the zero line, and many holders are still underwater, so a rebound may encounter selling pressure from traders looking to break even when it reaches the previous high-volume trading zone.
Share your thoughts in the comments.
The bearish momentum histogram has persisted for 12 consecutive 4-hour candles, meaning bears had been in control, but selling pressure is now starting to fade. However, the crossover is below the zero line, and many holders are still underwater, so a rebound may encounter selling pressure from traders looking to break even when it reaches the previous high-volume trading zone.
Share your thoughts in the comments.