Honestly, I’ve been watching the $AVAX 4-hour trend for quite a while. The bearish momentum bars dragged on for six 4-hour candles, and just now the MACD finally formed a golden cross.
I usually don’t enter on the candle where the crossover happens. Instead, I wait for another two or three candles: if the bars keep getting longer and the price stops making new lows, then I consider it confirmed.
It’s up 0.55% over the past 24 hours. How do you usually read the MACD?
#AVAX
I usually don’t enter on the candle where the crossover happens. Instead, I wait for another two or three candles: if the bars keep getting longer and the price stops making new lows, then I consider it confirmed.
It’s up 0.55% over the past 24 hours. How do you usually read the MACD?
#AVAX