🐋 The $ENA 4-hour MACD has formed a bearish crossover above the zero line.
People post about bullish and bearish crossovers every day. What matters is where they happen and what the prior trend was.
MACD is derived from moving averages, so it inherently lags: by the time a crossover appears, the price has often already moved quite a bit.
Don’t chase a trade at the most volatile moment. Wait for the price to settle before taking a closer look.
People post about bullish and bearish crossovers every day. What matters is where they happen and what the prior trend was.
MACD is derived from moving averages, so it inherently lags: by the time a crossover appears, the price has often already moved quite a bit.
Don’t chase a trade at the most volatile moment. Wait for the price to settle before taking a closer look.