Golden Cross
By Cryptomcmillan1 | Updated on May 24, 2020
It is a bullish signal in technical candlestick pattern by comparing two lines of short-term moving average and long-term average. It is a golden cross when the short term moving average broke its long-term moving average because it means the short-term momentum is above its long-term momentum. There are three stages to a golden cross, where the first stage is when the downtrend has bottomed out. The second stage is when short-term moving average moves from below to above the long-term moving average. The last one is a sustained uptrend to higher prices. The opposite movement of golden cross is called death cross.
Related Terms
Total Value Locked
Total Value Locked (TVL) represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.
Smart contracts
Self executing contracts on the blockchain without needing human executors or notary.
Block Explorer
Application or websites which display information such as status of transactions or data contained in a block of a given public blockchain network.
Proof-of-Burn (PoB)
A consensus algorthm that assigns block validation queue based on the coins/token burned by the validator.
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