$UAI 4-hour MACD forms a death cross below the zero line.
Golden and death crosses are everywhere on the screen; what matters is where they occur and the trend beforehand.
MACD is derived from moving averages, so it naturally lags: by the time a golden or death cross appears, the price has usually already moved a little.
The point of understanding an indicator is to avoid being misled by a single number, not to use it to predict whether prices will rise or fall.
Don't take what I'm saying as advice.
Golden and death crosses are everywhere on the screen; what matters is where they occur and the trend beforehand.
MACD is derived from moving averages, so it naturally lags: by the time a golden or death cross appears, the price has usually already moved a little.
The point of understanding an indicator is to avoid being misled by a single number, not to use it to predict whether prices will rise or fall.
Don't take what I'm saying as advice.