๐ด The exponential moving average (EMA) is a weighted moving average that assesses the bullish and bearish trends in a securities over a specified time frame. The EMA can be used to predict the direction of future prices and is used in trading to identify whether a security's price is rising or falling.๐ด
๐ข 11 EMA - Strong Momentum
๐ข 21 EMA - Dynamic Support & Resistance
๐ข 51 EMA - Long Term Support & Resistance
๐ข 101 EMA - First Hurdle Between 50 & 200 EMA
๐ข 201 EMA - Last Line Of Defence
๐ซ Disclaimer ๐ซ All information shared here is for educational purposes only, Please consult your financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you make.
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