Death ๐ Cross โ and Golden Cross โ
๐ป Death Cross
A Death Cross happens when the short-term moving average (like the 50-day MA) falls below the long-term moving average (like the 200-day MA).
Itโs usually taken as a bearish signal, meaning prices might keep dropping.
Example: In Bitcoin (BTC), when the 50-day MA dipped under the 200-day MA in June 2021, the price dropped further afterwards ๐.
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โจ Golden Cross
A Golden Cross is the opposite. The short-term moving average moves above the long-term moving average.
Itโs seen as a bullish signal, meaning prices might rise.
Example: In Ethereum (ETH) during early 2020, the 50-day MA crossed above the 200-day MA, followed by a strong rally ๐.
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๐ Quick Summary
Death Cross = Short-term line falls under long-term โ bearish sign ๐ป
Golden Cross = Short-term line climbs above long-term โ bullish sign โจ
Both arenโt 100% accurate but traders use them as clues for trend shifts.