$LSK 4-hour MACD death cross above the zero line.
When I first started learning about MACD, I’d get excited whenever I saw a golden cross or death cross. It took me a while to understand that the significance of a crossover depends on its position and the preceding trend: a golden cross above the zero line is often seen as the end of a pullback, while one below the zero line is more often seen as a rebound. Looking at the crossover alone can easily mislead you.
Before taking a leveraged position, first work out whether you can withstand the worst-case scenario, then consider what the indicators are saying.
When I first started learning about MACD, I’d get excited whenever I saw a golden cross or death cross. It took me a while to understand that the significance of a crossover depends on its position and the preceding trend: a golden cross above the zero line is often seen as the end of a pullback, while one below the zero line is more often seen as a rebound. Looking at the crossover alone can easily mislead you.
Before taking a leveraged position, first work out whether you can withstand the worst-case scenario, then consider what the indicators are saying.
