I see on the chart soon we will have the intersection of MA50 and MA200 and this is called - Death cross
The death cross is a technical chart pattern indicating the potential for a major selloff. The death cross appears on a chart when a stock's short-term moving average crosses below its long-term moving average. Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages.
The last week you saw a good movement of several alt coins paired with bitcoin, most likely this trend will continue
There are several signs of the alt season.
What do you think about this?
Best regards EXCAVO
The death cross is a technical chart pattern indicating the potential for a major selloff. The death cross appears on a chart when a stock's short-term moving average crosses below its long-term moving average. Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages.
The last week you saw a good movement of several alt coins paired with bitcoin, most likely this trend will continue
There are several signs of the alt season.
What do you think about this?
Best regards EXCAVO
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1. Register at partner.bybit.com/b/excavo
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3. Get a link to the portfolio
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Admin:
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