What Are The Golden Cross And Death Cross?
14There is no technical indicator that can precisely forecast the future. The best they do is plot the historical data, and nothing about the calculations is predictive. Therefore, they are way far from perfection in their outcomes.
The golden cross and death cross are great technical indicators you can apply as part of your trading strategy. Like other indicators, these crossovers also lag and can lead to early, late, or fake signals. Many traders use the 50-day MA and the 200-day MA to identify these crossovers, but the general concept and pattern apply to any length of MA.
From https://www.coingecko.com/learn/what-are-the-golden-cross-and-death-cross
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