What Is a Death Cross? ‼️
The death cross works as a bearish signal, highlighting a shift from upward to downward market momentum. It appears on a chart when a shorter-term MA, typically the 50-day, crosses below the longer-term MA, typically the 200-day
A moving average is the average price of an asset over a specified time period. The 50-day MA represents the average closing price over the last 50 trading days, while the 200-day MA represents the average closing price over the last 200 trading days
When the 50-day MA falls below the 200-day MA, it forms the death cross. This crossover indicates that the recent price performance is weaker compared to its longer-term trend, suggesting potential continued declines
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