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XVG 1D DEATHCROSS ALERT

BITTREX:XVGBTC   Verge / Bitcoin
What is a 'Death Cross'

A death cross is a crossover resulting from a security's long-term moving average breaking above its short-term moving average or support level . It is so named due to the shape created when charting the activity and its association with a downward market trend. As long-term indicators carry more weight, this trend indicates a bear market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new resistance level in the rising market.
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