$HYPE The daily chart shows a MACD death cross below the zero line.
When looking at MACD crossovers, where the crossover occurs matters more than the crossover itself. A death cross below the zero line usually signals a failed weak rebound and continued weakness, so it's not a good time to try to catch a rebound.
Signals carry more weight when multiple timeframes point in the same direction.
#HYPE
The market can change in an instant, so don't rush to conclusions.
When looking at MACD crossovers, where the crossover occurs matters more than the crossover itself. A death cross below the zero line usually signals a failed weak rebound and continued weakness, so it's not a good time to try to catch a rebound.
Signals carry more weight when multiple timeframes point in the same direction.
#HYPE
The market can change in an instant, so don't rush to conclusions.
