Thank you @yousafharoonkhan for the lesson and Home Work Task. Below are the attempts:

THE DEATH CROSS AND GOLDEN CROSS

These two are patterns that are used by traders of cryptocurrency to carryout technical analysis, when we talk of technical analysis we are referring to using tons of data, most times in the form of charts to carry out analysis on the stock market. (the moving average as will be subsequently mentioned in the definitions of the death cross and the golden cross refers to a single line as shown in the image below that is used in the chart as a representation of the average price of a crypto asset at a particular time frame.

THE DEATH CROSS

A death cross refers to a long term bearish market, it takes place when there is when the short term average trends down thereby crossing the long term average, the death cross moves in opposition to the golden cross, we can say that the death cross is a technical chart pattern that telling us that they is a possibility for a major sell.

The most used moving average by traders is the 50 day and also the 200 day moving average. In the death cross, the short term moving average is above a long term moving average and this is to say there is an uptrend, when the short term moving average stays below the long term moving average, it indicates that there is a down trend and when the short term moving average crosses the long term moving average and goes down it indicates a trend reversal.

THE GOLDEN CROSS

When we talk of the golden cross on the other hand, we are referring to a bullish chart signal where the short moving average crosses above the long moving average.

The more the weight of the long term indicators, the golden cross depicts a bullish market. It is a technical chart pattern that tells us of the potential for a major rally. The interval for the lines can be set at any interval but mostly traders use the 50 day interval for the short term line while definitely the long term line will take the 200 day interval.

In the golden cross, the short term moving average is below the long term moving average and this goes to tell us that there is a downtrend, when the short term moving average cross the long term moving average it indicates a reversal in the assets price.

HOW IS THE DEATH CROSS AND THE GOLDEN CROSS IMPORTANT IN TRADING CRYPTOCURRENCY

The death cross and the golden cross patterns are important for the technical analysis of an asset, it affords traders the privilege of considering the potential area of resistance and support since when there is an occurrence of the death cross, it can be considered as a potential area of resistance while when there is an occurrence of the golden cross, the long term moving average is said to be an area of support.

HOW DOES DEATH CROSS AND GOLDEN CROSS AFFECT THE CRYPTO MARKET

The death cross and the golden cross do not have a strong effect on the crypto market per say, what they do is to generate a signal for a trend that is in progress already. These indicators are not leading indicators for prediction but lagging indicators.

EXPLAIN THE POINTS GIVEN BELOW.
HOW MANY MOVING AVERAGE DAYS DOES IT TAKE TO SEE THE DEATH CROSS AND THE GOLDEN CROSS IN THE MARKET TO GET A BETTER RESULT AND WHY?

Talking about the average number of days it takes to get a better result from a long term moving average, it will be 200 days while if we are talking about the short term moving average, then it will 50 days.

The reason for the above conclusion is because the signals at the longer interval can be relied on more than those at the short term intervals.

HOW TO SEE DEATH CROSS AND GOLDEN CROSS ON THE CHART.
EXPLAIN DEATH CROSS AND GOLDEN CROSS ON THE CHART

To be able to see the death cross and the golden cross on a chart, we will be needing to add 2 moving averages, we will be considering how to customize the settings to your own taste.

For this demonstration I will be making use of the trading view for pc, follow closely as we will be taking a step by step how to;

1. First things first, if you are making use of a pc, then you login to the trading view website our if you are using a mobile phone, you can download the trading view app from your phone’s app store.

2.Enter the chart of the asset that you want to use

3.Click on indicator at the top of the chart if you are using a pc

4.Type moving average or MA in the search panel provided, and click on MA 50/200

You can click on the moving average as many times as you want depending how many of the indicators you want to use.

GOLDEN CROSS

Nobody loves bad news and so it can be referred to as the most preferred by most traders, whenever we see an appearance of the golden cross, then we should be expecting to experience an uptrend in the crypto market. So with this it is fair to say that the result is a golden cross is that we experience an uptrend.

DEATH CROSS

In opposition to the golden cross, whenever you see a death cross in a chart, it is an indication of an incoming downtrend.

WHAT IS BINANCE P2P AND HOW TO USE IT

When we talk about peer to peer, we are referring to a trading where just parties in the transactions are included and no third party or exchange is included. In P2P trading, a buyer straightforwardly buys cryptocurrency from the seller and also a user straightforwardly sells his cryptocurrency to another user.

In this way, unmistakably through P2P trading, a user can purchase or sell cryptocurrency straightforwardly, there do not require the presence of a third party to carry out transactions P2P trading is exceptionally simple and it offers freedom to the user to exchange nationally and withdraw his cash straightforwardly to his account.

Binance is one of the top appraised Exchange and it gives the facility of p2p trading. Exchange acts as facilitator in p2p trading and there is no fee charged for this sort of trading. To have the option to utilize Binance p2p services, there is a need to open an account with Binance exchange and it is very simple to open account and afterward approve the account by giving fundamental documents to very your identity, like your passport, bank statement etc

HOW TO TRANSFER CRYPTOCURRENCY TO P2P WALLET

If you want to transfer to P2P wallet, you transfer from your spot:

1.Click on the spot feature in your binance app and it will lead you to where you will be able to make transactions from spot

2.From this demonstration I will be selling doge coin through P2P.

3.A new page will open where you will be asked to pick the cryptocurrency of your choice

4.Once the transfer is done, your crypto will be sent to your P2P wallet

5.You can now make crypto transactions now

HOW TO SELL CRYPTOCURRENCY IN LOCAL CURRENCY VIA P2P (ANY COUNTRY OR COIN)(SCREEN SHOT NECCESSARY TO VERIFY ACCOUNT)

To sell crypto in your local currency;

1. At the top of your binance screen, you will find history of past transactions, there you can change the currency to your country’s currency.

2.Next, you filter the ads to your preference using the filter tab.

3.Once this is done, you can then make transactions in your local currency

WHAT ARE THE THINGS TO KEEP IN MIND DURING P2P TRADE AND DESCRBE ITS FOUR ADVANTAGES AND DISADVANTAGES.(OWN WORDS)

1.Before you start trading, acquire a full knowledge of P2P trading.

2.In trading you must exercise patience in searching for buyers or sellers and also patience in waiting for transfer of the money.

3.Until full payment is made, do not make the mistake of confirming transactions

ADVANTAGES OF P2P TRADING

1.P2P doesn’t have a need for third party as transactions are made directly

2.Using P2P is more faster than other mediums

3.The procedure for trading can easily be understood i.e P2P is quite easy to use

4.Transactions are completed only when the seller confirms payment

DISADVANTAGES OF P2P TRADING

1.Since they is no third parties overseeing the transactions, it will be difficult to recover lost money if defrauded.

2.P2P account can be created by anyone and this has been utilized by scammers and so it can’t be termed 100% safe.

3.Although carrying out transactions using P2P trading is faster, the process can be delayed due to inability of one party to respond quickly.

4.There are no regulations since P2P is run by peers

CONCLUSION

If the death cross and golden cross are well configured and used, it will help the trader in predicting the future trend of an asset. In using P2P, you must be very careful so as not to fall into the hands of frauds.

@steemcurator02