To get straight to the point: when I first started learning technical analysis, I’d jump in as soon as I saw a MACD golden cross and sell as soon as I saw a death cross. In the end, I got whipsawed in a sideways market.
Now, looking at this 4-hour death cross on $CYBER , the first thing I check is its position: above the zero line. I see a death cross above the zero line as a sign that upward momentum is weakening and a pullback may be coming—not that the trend is over.
What do you think? See you in the comments.
This is a summary of publicly available information. Please verify it yourself.
Now, looking at this 4-hour death cross on $CYBER , the first thing I check is its position: above the zero line. I see a death cross above the zero line as a sign that upward momentum is weakening and a pullback may be coming—not that the trend is over.
What do you think? See you in the comments.
This is a summary of publicly available information. Please verify it yourself.
