The $KOMA 4-hour chart shows a MACD death cross above the zero line.
When assessing a MACD crossover, its position matters more than the crossover itself. A death cross above the zero line indicates that upward momentum is slowing and a pullback may be beginning. However, the bullish structure may not be over; the key is whether the DIF falls below the zero line.
A single indicator can be misleading, so it’s more reliable to consider volume and price structure as well.
When assessing a MACD crossover, its position matters more than the crossover itself. A death cross above the zero line indicates that upward momentum is slowing and a pullback may be beginning. However, the bullish structure may not be over; the key is whether the DIF falls below the zero line.
A single indicator can be misleading, so it’s more reliable to consider volume and price structure as well.
