My live take: the $LINK 4-hour MACD has formed a death cross.
Newbie me: A death cross means get out! But just a few days after I sold, it formed a golden cross, so I bought back in… Now, whenever I see a death cross, my first reaction is to check where it is: above the zero line. Okay, I’ll take it as a reminder of a possible correction.
Jokes aside, keep an eye on your position size. Share your approach in the comments.
Newbie me: A death cross means get out! But just a few days after I sold, it formed a golden cross, so I bought back in… Now, whenever I see a death cross, my first reaction is to check where it is: above the zero line. Okay, I’ll take it as a reminder of a possible correction.
Jokes aside, keep an eye on your position size. Share your approach in the comments.
