The MACD on the $AIN 4-hour chart formed a golden cross above the zero line, with countertrend histogram bars continuing for 11 bars before the crossover.
Folks, how do you read MACD golden and death crosses? Here’s the short version 👇
A golden cross occurs when the DIF crosses above the DEA; a death cross occurs when the DIF crosses below the DEA. In other words, the histogram switches from negative to positive or from positive to negative.
Many people compare different timeframes: when the daily trend hasn’t changed, a countertrend crossover on the 4-hour chart is often just a pullback or a small rebound.
The point of understanding this indicator is to avoid being misled by a single number—not to use it to predict whether prices will rise or fall.
#AIN
Folks, how do you read MACD golden and death crosses? Here’s the short version 👇
A golden cross occurs when the DIF crosses above the DEA; a death cross occurs when the DIF crosses below the DEA. In other words, the histogram switches from negative to positive or from positive to negative.
Many people compare different timeframes: when the daily trend hasn’t changed, a countertrend crossover on the 4-hour chart is often just a pullback or a small rebound.
The point of understanding this indicator is to avoid being misled by a single number—not to use it to predict whether prices will rise or fall.
#AIN
