Confluence of EMAs
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Last updated
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We usually see EMAs separate from each other like this ;
But sometimes they get too close to each other. We call this situation "Confluence of EMAs"
When the confluence of EMAs happens like this, price can rise or fall sharply and to detect this price action you can use coinlegs tools.
In order to easily obtain Confluence of EMAs detections, you can create or through the Coinlegs system, and start autotrading bots on by using the alerts you create.
