$ZEC The daily chart shows a MACD bullish crossover below the zero line.
When assessing a MACD crossover, its position matters more than whether it is a golden cross or a death cross. A golden cross below the zero line indicates that bearish momentum during a downtrend is weakening. Essentially, it is a rebound signal, and provides weaker confirmation than a golden cross above the zero line. The trend can only be considered stronger once the DIF line moves back above zero.
After a signal appears, planning your stop-loss is more important than guessing the direction.
When assessing a MACD crossover, its position matters more than whether it is a golden cross or a death cross. A golden cross below the zero line indicates that bearish momentum during a downtrend is weakening. Essentially, it is a rebound signal, and provides weaker confirmation than a golden cross above the zero line. The trend can only be considered stronger once the DIF line moves back above zero.
After a signal appears, planning your stop-loss is more important than guessing the direction.