Death Cross & Golden Cross

Greetings Everyone,

How are you friends, I hope you are all well, I have come to analyze a new trip and introduce you to the tools. Hopefully you all know about it often but I am sharing it for your convenience. As you must have guessed from the cover photo, today I will be talking about Death Cross and Golden Cross. Let's begin.

To do this, it is very important for us to analyze the subject of specific days and charts. Sometimes, trend lines on these charts cross each other in such a way that they are given funny names such as "cups with handles," "head and shoulders," and "double tops." " Analysts analyze them and name them by different names and they monitor the market with them.

These include Death Cross and Golden Cross. There are more such candle stick pattern tools. With which the analysts analyze and invest their funds beautifully. They put a lot of importance on analysis so that they do not lose money by analyzing everything.

A Golden Cross and a Death Cross are the opposite of each other. A golden cross shows long-term market chart averages and these are divided by 200 and 50 analysts. When analyzing the chart of certain periods of the market, if the daily moving average line crosses over the 200-day moving average daily line, it is known as a golden cross.

On the other hand, if the average of a certain day crosses the average line of 50 and comes below the average line of 200 two days, then we know it is a death cross. Deep Cross and Golden Cross are the opposite of each other as I told you before. It is analyzed by analysts with 200 days and 50 days so that accurate market analysis is possible. It has been created by experts.

When the 200-day moving average line crosses the 50-day moving average line, the market goes into a down train. On the other hand, when the 50-day average line crosses the 200-day average line, it leads to an uptrend in the market. It is known to all as through the simple and accurate analyzer that you will definitely find in the trading view option. Moreover, it helps to analyze whether the market is bearish or bullish.