The moves of big money are more honest than words:
$ENA 4 hours MACD bearish crossover above the zero line. Indicators are calculated from price, but how real money moves has to be seen in trading volume.
If the bearish crossover comes with increased volume, it means holdings are being actively sold off; a bearish crossover with shrinking volume suggests buyers are mostly on the sidelines, and the damage will be smaller.
Any brothers who understand this, please share your thoughts?
$ENA 4 hours MACD bearish crossover above the zero line. Indicators are calculated from price, but how real money moves has to be seen in trading volume.
If the bearish crossover comes with increased volume, it means holdings are being actively sold off; a bearish crossover with shrinking volume suggests buyers are mostly on the sidelines, and the damage will be smaller.
Any brothers who understand this, please share your thoughts?
