Golden Cross: Green Line 50MA crossing up over the Red Line 200MA
Death Cross:Green Line 50MA turning down, crossing the Red Line 200MA
After the first consolidation in 2016, ETH went through the pattern of a Golden Cross, followed by a Fake out Death Cross, right into another Golden Cross which ultimately lead to the 15,000% gain, culminating in 2018.
Charts rhyme: here we are again, with a Golden Cross, followed by a fake out death cross, followed by another Golden Cross. Setting the stage for the bull market.
Are we due for another monumental run in Ethereum?
I think so.
What else do we need to be in the Bull Market? Holding above the 21 Weekly Exponential Moving Average. Looks good!
