What is a "Death Cross"?
A death cross is a popular technical analysis signal that occurs when a short-term moving average (like the 50-day) crosses below a long-term moving average (like the 200-day). This crossover suggests a shift from bullish to bearish momentum, often indicating potential for further price declines.
Historically, a death cross has been seen before major market downturns, signaling increased selling pressure and caution for traders. However, it’s not a guaranteed predictor and should be considered alongside other indicators.
follow for more crypto information
#DeathCross #TechnicalAnalysis #CryptoTrading #BinanceWrite2Earn