$AKE |4-hour MACD golden cross, below the zero line, current price 0.009083.
The 4-hour MACD responds quickly and is useful for gauging short-term momentum. Its drawback is that it generates many false signals, and when it goes against the daily trend, it can often be overwhelmed by a move in the opposite direction.
A more ideal setup is when the daily chart is also bullish, so the timeframes align. Treat a crossover on just one timeframe as a reference only.
This is just my personal opinion, not a basis for buying or selling.
The 4-hour MACD responds quickly and is useful for gauging short-term momentum. Its drawback is that it generates many false signals, and when it goes against the daily trend, it can often be overwhelmed by a move in the opposite direction.
A more ideal setup is when the daily chart is also bullish, so the timeframes align. Treat a crossover on just one timeframe as a reference only.
This is just my personal opinion, not a basis for buying or selling.