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Event ends: August 9, 16:00 UTC
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Based on a certain understanding of moving averages, we use a very simple technique here, which is the golden cross and death cross.
Golden Cross: When all moving averages converge to form an upward posture, it indicates a trend of upward breakthrough in the market, and a successful upward breakthrough of the 120-day moving average will form a short-term pump trend;
death cross: When all moving averages converge to form a downward posture, it indicates a trend of downward breakthrough in the market, and a successful downward breakthrough of the 120-day moving average will form a short-term downward trend;