Let me share a little: when I was first learning technical analysis, I’d buy as soon as I saw a MACD golden cross and get out as soon as I saw a death cross. In the end, I got chopped up again and again in a ranging market.
Looking at this 4-hour death cross on $LIGHT now, the first thing I check is its position: above the zero line. I take a death cross above the zero line to mean the rally may be getting tired and might need a breather—not that the trend is over.
Let’s talk in the comments.
Looking at this 4-hour death cross on $LIGHT now, the first thing I check is its position: above the zero line. I take a death cross above the zero line to mean the rally may be getting tired and might need a breather—not that the trend is over.
Let’s talk in the comments.