As You Can See In This Chart Litusdt Just Touch 100ema And Now Going To Touch 200ema Also In A Triangle If We Get A Breakout From Triangle So It Could Be A Good Buyzone..
Why Is Ema Important?
The Ema Gives More Weight To The Most Recent Prices, Thereby Aligning The Average Closer To Current Prices. Short-term Traders Typically Rely On The 12- Or 26-day Ema, While The Ever-popular 50-day And 200-day Ema Is Used By Long-term Investors
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