The interaction of two moving averages could signal a shift in the trend direction. Automatically catch these opportunities on Nexo with this rule - golden cross trading NEXO robot.
Best Performing Nexo Robot
Moving averages are a useful tool to spot trend reversal. When a short-term moving average crosses above a long-term one, that intersection is defined as a Golden Cross, and it's a buy-signal. The opposite intersection generates a sell-signal for the rule.