What is a golden cross in crypto?
Could you please elaborate on what a golden cross is in the context of cryptocurrency? I've heard it mentioned in relation to technical analysis, but I'm not entirely sure how it applies to this digital asset class. Is it a specific indicator or a pattern that traders use to identify potential buy signals? And how does it differ from other technical indicators that are commonly employed in crypto trading?
What are the benefits of zig zag?
Could you elaborate on the potential advantages of utilizing the zig zag strategy in the world of finance and cryptocurrency? How does it contribute to enhancing investment outcomes or risk management? Are there specific scenarios where zig zag proves to be particularly beneficial? Understanding these aspects would help me appreciate the strategy's worth and potential applications.