TradesExpert
Long

BTCUSDT GOLDEN CROSS DONE !!

BINANCE:BTCUSDT   Bitcoin / TetherUS
Let's see where BITCOIN are going !!

Golden Cross.

The golden cross occurs when a short-term MA crosses over a long-term one to the upside, signaling to traders to expect a strong bullish upward move in an asset’s price.

There are two main requirements to a golden cross with the first being an end to a sharp downtrend due to seller exhaustion, meaning the downward pressure from sellers in the market has abated. The second requirement is for the short-term MA to rise above the long-term MA, typically the 50-period and 100-period MAs.

The golden cross is best used for analyzing long time frames compared to the monthly, weekly and daily charts .

Comments

Well better get that golden cross powered up on the weekly otherwise this may revisit 8K
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out