โ๏ธ $CLANKER daily chart is above MA200 ๐ฅ
Take a moment to understand the moving averages before making a move ๐
The so-called golden cross and death cross generally refer to the daily MA50 and MA200 crossing: when the MA50 crosses above the MA200, itโs called a golden cross; when it crosses below, itโs called a death cross. These terms describe the two moving averages crossing each other, which is not the same as the price moving above a moving average.
Comparing several data points is more reliable than looking at just one, but even more signals canโt provide a definitive conclusion.
Take a moment to understand the moving averages before making a move ๐
The so-called golden cross and death cross generally refer to the daily MA50 and MA200 crossing: when the MA50 crosses above the MA200, itโs called a golden cross; when it crosses below, itโs called a death cross. These terms describe the two moving averages crossing each other, which is not the same as the price moving above a moving average.
Comparing several data points is more reliable than looking at just one, but even more signals canโt provide a definitive conclusion.
