$AVAX ｜4-hour MACD bearish crossover below the zero line; current price: 9.379.
The 4-hour MACD reacts quickly, making it better suited to tracking short-term momentum. The tradeoff is more false signals, and when it runs counter to the daily trend, counter-moves can easily wipe out gains.
More importantly, the daily chart is also weakening, with both the higher and lower timeframes moving downward in sync. Treat a crossover on just one timeframe as a reference point.
The 4-hour MACD reacts quickly, making it better suited to tracking short-term momentum. The tradeoff is more false signals, and when it runs counter to the daily trend, counter-moves can easily wipe out gains.
More importantly, the daily chart is also weakening, with both the higher and lower timeframes moving downward in sync. Treat a crossover on just one timeframe as a reference point.