What is a 'Golden Cross'
The golden cross is a bullish breakout pattern formed from a crossover involving a security's ( or Cryptocurrency ) short-term moving average (such as the 50-day moving average) breaking above its long-term moving average (such as 100-day moving average) or resistance level. As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.
Read more: Golden Cross http://www.investopedia.com/terms/g/goldencross.asp#ixzz4qhZSNYLA
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You can see in The below chart Litcoin is very close to completing a Golden Cross chart pattern when the 50 SMA crosses above the 200 SMA
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The below chart is an example of a Golden Cross chart pattern when the 50 SMA crosses above the 200 SMA
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