📉 EMA 200 DAILY CHART – THE "TIME-TRAVELING" TOOL FOR COIN TRADERS

If you are new to coin trading, you may have heard of the name EMA 200 – a simple yet extremely powerful tool for determining the long-term trends of the market.

So what is the EMA 200 on the daily chart, and why do professional traders "revere" it as a guiding principle?

🔎 1. What is EMA 200?

EMA (Exponential Moving Average) is an exponential moving average – it reacts faster than SMA (Simple Moving Average) because it prioritizes the most recent data.

👉 EMA 200 daily chart = the average closing price of the last 200 days (on the daily chart).

⚡ 2. What does EMA 200 say about the trend?

✅ Price above EMA 200 → The main trend is up → Prioritize BUY.

❌ Price below EMA 200 → The main trend is down → Prioritize SELL or stay out.

In other words: EMA 200 = the boundary between "bull" and "bear market".

Recently, it has bounced off the EMA 200 on the daily chart and moved up strongly. However, there were periods before that where it continuously oscillated around EMA 200, this is called noise, to avoid this part, please read the next article.