10. Dead Cross

 

What is Dead Cross?

The 60-day moving average crosses below the 20-day moving average, indicating that the downtrend is strengthening.

 

 

 

 

 

 

If you look at the picture, red is the 20 MA, blue is the 60 MA, and the red 20 MA is a golden cross that goes up through the 60 MA.

 

cf. Moving Average Related [Link]

 

Since it is highly likely that the downtrend will accelerate as the desk cross goes out, there are ways to make a stop loss or a profit loss, then retake a low or enter a short position using an overseas exchange.

 

At this time, when viewing the desk cross, it is common to set daily and 240 minutes.

 

 

 

 

 

 

 

 

If you look at the picture above, you can see that the stock price plummeted during the desk cross section, and the RSI indicator also went below 30 and entered the oversold section.

 

cf. RSI Indicators [Related]