Golden Cross

« Back to Glossary Index

It is a bullish technical indicator for trading that signals a forthcoming price rise of the asset/cryptocurrency/stock. Golden cross is said to be formed when a slow moving average has been crossed by a faster one. The most popular moving average setting that is used by the traders include the 50-day moving average and the 200-day moving average.

« Back to Glossary Index

Check Also

bitcoin-dominance

Bitcoin Dominance: A Greater Aspect Of The Crypto Space

Bitcoin is the largest digital currency in the world as per market capitalization and demands …