KEY TAKEAWAYS - Deepstash

KEY TAKEAWAYS

  • A golden cross suggests a long-term bull market going forward, while a death cross suggests a long-term bear market.
  • Either crossover is considered more significant when accompanied by high trading volume.
  • Once the crossover occurs, the long-term moving average is considered a major support level (in the case of the golden cross) or resistance level (in the instance of the death cross) for the market from that point forward.
  • Either cross may occur as a signal of a trend change, but they more frequently occur as a strong confirmation of a change in trend that has already taken place.

28

120 reads

CURATED FROM

IDEAS CURATED BY

cryptostash

Don’t Risk More Than You Can Afford to Lose!

The idea is part of this collection:

Productivity Systems

Learn more about crypto with this collection

How to set achievable goals

How to create and stick to a schedule

How to break down large projects into smaller manageable tasks

Related collections

Similar ideas to KEY TAKEAWAYS

Golden Cross VS Death Cross

Golden Cross VS Death Cross

Technical analysis involves the use of statistical analysis to make trading decisions. Technical analysts use a ton of data, often in the form of charts, to analyze stocks and markets

  • A golden cross indicates a long-term bull...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates