$BOB you can add more. Take risk if you want financial freedom. #chatgpt $BNB
Still early.
Yes, the chart does indicate a Golden Cross forming or already formed for BOB on the 1-day timeframe.
Here’s why:
• A Golden Cross happens when a shorter-term moving average (typically MA50) crosses above a longer-term moving average (typically MA200).
• In your chart:
• MA(50) = 0.0000000133315856
• MA(200) = 0.0000000135258369
As of now, MA(50) is still slightly below MA(200), so the Golden Cross is very close but hasn’t officially occurred yet — it’s in the making.
However:
• The price has already exploded upward, suggesting bullish sentiment is strong, and the cross is likely imminent unless there’s a sharp reversal.
• Volume is also spiking, which confirms momentum.
What to watch next:
• If MA(50) crosses above MA(200) in the coming candles, Golden Cross will be confirmed, which is often a strong bullish indicator in technical analysis.
• You may want to monitor the next daily close for confirmation.
