💎 A very powerful indicator for those holding coins to effectively buy the dip. Golden Cross:

✅Golden Cross: this is the intersection of the 2 moving averages MA50 and MA200. (MA50 crosses from below to MA200)

✅In October 2023, when the golden cross appeared on the BTC 1d chart, BTC has experienced strong growth since then, as shown in the image.

✅Similarly, the ETH chart also just saw a crossover at the beginning of July. This is a positive signal for those who FOMO'd into ETH at 4K.

💎 Let's learn more about Golden Cross:

Golden Cross occurs when:

✅ The MA50 (the average price of the last 50 days) crosses from below to above the MA200 (the average price of the last 200 days).

✅ This is considered a sign confirming a long-term upward trend.

✅ MA200 represents the long-term trend.

✅ When MA50 crosses above MA200, it means the short-term momentum is stronger than the long-term trend, and this often signals that the market is “reversing” towards strong growth.

🎁 Notes when choosing coins based on the above signals:

▶️ The indicator will be more valuable for major coins like BTC, ETH, BNB because the larger they are, the harder it is to manipulate their prices, leading to higher accuracy of the indicators.

▶️ Conversely, if you use it for smaller coins, their prices can be easily manipulated, making the indicators seem less meaningful, and you are more likely to fall into the traps set by whales.

✅Expectations of $ETH around 4000$ are completely possible $ETH