Death CrossPlease be informed that the original content is in English. Some of our translated content may be generated using automated tools which may not be fully accurate. In case of any discrepancies, the English version shall prevail.

Death Cross

By: WEEX|2024/10/25 08:27:31

A "death cross" is a bearish technical chart pattern signaling the potential for a major sell-off. It occurs when a short-term moving average, usually the 50-day, crosses below a long-term moving average, such as the 200-day moving average. This crossover pattern indicates a downward trend and can trigger selling in anticipation of further price drops. In the crypto market, a death cross is often seen as a warning sign of an impending bear market, but it should be considered alongside other indicators as it’s not always accurate.

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