๐Ÿ“Š How Does EMA Work?

The Exponential Moving Average (EMA) is a moving average that gives more weight to recent prices, making it react faster to market changes compared to the Simple Moving Average (SMA).

๐Ÿ”น Why traders use it:

Shows trend direction โ†’ rising EMA = uptrend, falling EMA = downtrend.

Helps spot entry & exit points โ†’ EMA crossovers often signal buys or sells.

Acts as dynamic support or resistance during price moves.

In short, EMA is a handy tool to catch trends early and improve trading decisions. ๐Ÿš€

#EMA. $BTC