You are viewing a single comment's thread from:
RE: Steemit Crypto Academy Contest / S15W4 - Death Cross Vs Golden Cross.
Hello dear friend greetings to you, Hope you are having good days there.
Golden crossover and Death Crossover are the two methods of technical analysis. We use 50 SMA and 200 SMA in it. Golden crossover give us signal for long and Death Crossover give us signal for short.
The major difference between Golden crossover and Death Crossover is, Golden is a buying signal and it is made when the 50 SMA line cross 200 SMA line in upward direction. Death Crossover is made when 50 SMA cross the 200 SMA line in downward direction and it is a selling signal.
The best post dear, best wishes for the contest.