By the way, about this:
On the daily chart, the MACD for $ZEC forms a death cross below the zero line.
A death cross is when the fast line, DIF, crosses down through the slow line, DEA. It's calculated using moving averages, so it's inherently lagging. An indicator appearing doesn't mean you should act immediately; price has the final say. When a signal appears, I don't rush—I wait to see whether the next candle follows through.
I'm not guaranteeing I'm right. Make your own judgment.
On the daily chart, the MACD for $ZEC forms a death cross below the zero line.
A death cross is when the fast line, DIF, crosses down through the slow line, DEA. It's calculated using moving averages, so it's inherently lagging. An indicator appearing doesn't mean you should act immediately; price has the final say. When a signal appears, I don't rush—I wait to see whether the next candle follows through.
I'm not guaranteeing I'm right. Make your own judgment.