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Btcgolden

BTC Golden and Death Cross - Explanation, DemonstrationFirst of all, do not use MA, use EMA. Second of all People and Traders forget for Golden or Death Cross to work properly, before trend starting, price should be pooled into the cross itself and test some major EMA, like 21 or 50. Then and only then you know its legit (sometimes you get continuation fast on 9 EMA - rarely). So, let's see did it do well on BTC daily. We have a one-off, and a great % of winnings. So from the traders' perspective, you have an edge here, just have to know how to properly use it. Its not just Golden Cross, long it now! No!!!!! You need to understand rules and Price Action to get an edge on your side + Risk Menadmet, or no Golden Cross will help you. Yeah it work, but respect all the rules. I hope this is enough to put an end to "Golden Shower meme". If I lie, the chart is telling a story it self, have a nice day and wish you all great profits, enjoy!
BITSTAMP:BTCUSD
by SasaT4NG
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