Objectively speaking, I’ve been watching the $ADA 4-hour trend for quite a while. The bullish momentum bars lasted for 8 four-hour candlesticks, and now the MACD has finally formed a death cross.
I usually don’t act on the crossover candle itself. I wait for a few more candlesticks: if the bars keep getting longer to the downside and the price breaks below the recent low, then I consider it confirmed.
Down 2.27% over the past 24 hours. How do you usually read the MACD?
#ADA
Be aware of the risks and make your own decisions.
I usually don’t act on the crossover candle itself. I wait for a few more candlesticks: if the bars keep getting longer to the downside and the price breaks below the recent low, then I consider it confirmed.
Down 2.27% over the past 24 hours. How do you usually read the MACD?
#ADA
Be aware of the risks and make your own decisions.
