Death Cross, 5 Key things to watch
The "death cross" is a market chart pattern that occurs when a short-term moving average falls below a long-term moving average,
indicating recent price weakness. It is often studied using the 50-day and 200-day moving averages. The death cross pattern is more reliable
when confirmed by other indicators such as high trading...
GOLDEN CROSS
1. A golden cross occurs when a faster-moving average crosses a slower moving average.
2. Specifically, you need the 50-period and 200-period simple moving averages.
3. Anything other than these two periods and it is not a true golden cross.
4. The golden cross is a powerful trade signal, but this does not mean you should buy every cross of...
I see many people speaking about "The Death Cross" that's just appearing on the Bitcoin chart. The Cross brings some fear with it, and I can't just understand why, since it's not really a concerning one. But let me explain.
A Death Cross is only strong and meaningful as long as Both SMA (50 & 200) are pointing to the downside - both SMA need to be declining. Many...