Isleigh
03-17 16:42
$NVDA Watch πŸ“Š
1️⃣ Golden/Death Cross Watch
Not a confirmed golden cross yet, but price is attempting to reclaim short-term moving averages after recent pullback. Still below key resistance β†’ more like an early-stage recovery attempt, not trend confirmation.
2️⃣ Zero Line Check
MACD is still slightly below the zero line, but histogram is turning less negative.
πŸ‘‰ Momentum is improving, but we are not in full β€œpositive zone” yet.
3️⃣ Divergence Hunt
Spotting a minor bullish divergence β€” price made a lower low recently, but MACD did not make a significantly lower low.
πŸ‘‰ Suggests selling pressure is weakening, but not gone.

πŸ’‘ My Read:
This looks like a relief bounce within a broader consolidation, not a full trend reversal yet.
πŸ‘‰ If MACD crosses above zero + price breaks resistance β†’ stronger upside continuation
πŸ‘‰ If rejected β†’ likely aligns with macro (oil + rates pressure) β†’ pullback risk remains

πŸ”₯ Conclusion:
Momentum is improving, not accelerating yet.

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