Technical Note｜$HYPE ｜4-Hour MACD｜Golden Cross Below the Zero Line
Definition: The same MACD settings can mean different things on different timeframes: crossovers occur more often on shorter timeframes and less often on longer ones, but they carry greater significance.
How to read it: Many people compare shorter and longer timeframes. When the daily trend hasn’t changed, an opposing crossover on the 4-hour chart is often just a period of consolidation or a rebound.
Don’t let one number throw off your rhythm, and don’t use borrowed money to test a prediction.
Whether to buy is up to you—this is just for sharing.
Definition: The same MACD settings can mean different things on different timeframes: crossovers occur more often on shorter timeframes and less often on longer ones, but they carry greater significance.
How to read it: Many people compare shorter and longer timeframes. When the daily trend hasn’t changed, an opposing crossover on the 4-hour chart is often just a period of consolidation or a rebound.
Don’t let one number throw off your rhythm, and don’t use borrowed money to test a prediction.
Whether to buy is up to you—this is just for sharing.
