Let’s talk about this MACD golden cross at $TRUMP 4 hours. First, it’s important to understand two limitations of the indicator:
First, it lags. MACD is derived from moving averages, so by the time a golden cross appears, the price has often already risen some distance from its low (up 4.31% over the past 24h).
Second, it can fail in choppy markets. In a range-bound market, golden and death crosses keep appearing back and forth, producing many false signals.
Before this crossover, the opposing histogram bars persisted for 23 four-hour candles. That’s not a short one-way move, so this cross is a bit cleaner than one in a sideways market. Also, since it’s below the zero line, treat it as a rebound for now.
Crypto is volatile, so keep position sizes in check.
First, it lags. MACD is derived from moving averages, so by the time a golden cross appears, the price has often already risen some distance from its low (up 4.31% over the past 24h).
Second, it can fail in choppy markets. In a range-bound market, golden and death crosses keep appearing back and forth, producing many false signals.
Before this crossover, the opposing histogram bars persisted for 23 four-hour candles. That’s not a short one-way move, so this cross is a bit cleaner than one in a sideways market. Also, since it’s below the zero line, treat it as a rebound for now.
Crypto is volatile, so keep position sizes in check.
