DOGECOIN 48 HOURS GOOD NEWS COMING!!! $1, $2

DOGECOIN 48 HOURS GOOD NEWS COMING!!! $1, $2

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What Is a Golden Cross?

The golden cross is a chart pattern that is a bullish signal in which a relatively short-term moving average crosses above a long-term moving average. The golden cross is a bullish breakout pattern formed from a crossover involving a security's short-term moving average (such as the 15-day moving average) breaking above its long-term moving average (such as the 50-day moving average) or resistance level. As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.

KEY TAKEAWAYS

• The golden cross is a technical chart pattern indicating the potential for a major rally.
• The golden cross appears on a chart when a stock’s short-term moving average crosses above its long-term moving average.
• The golden cross can be contrasted with a death cross indicating a bearish price movement.
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