Violation

BTC and Cross and effect

Long
Violation Updated   
BITFINEX:BTCUSD   Bitcoin
Just taking a look at the 200/50 crosses over the last 6 months.
Trade active:
200 and 50 day SMA.
Two popular trading patterns that use simple moving averages include the death cross and a golden cross. A death cross occurs when the 50-day simple moving average crosses below the 200-day moving average. This is considered a bearish signal, that further losses are in store. The golden cross occurs when a short-term moving average breaks above a long-term moving average. Reinforced by high trading volumes, this can signal further gains are in store.
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