Crypto Market Barometer released on advance-decline.net

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  Crypto Market Barometer released Today I published my simple but easy-to-read Crypto Market Barometer on our website https://www.advance-decline.net. Click here to get to the new Crypto Market Barometer. This is how the main chart looks like: What's behind the new Crypto Market Barometer We believe that one simple but effective method of gauging the health of a market is to look at how many of the most important individual assets trade above their important SMAs. Since SMAs are a proven way of determining the current trend, a market must be in an uptrend, if more than 50% of its biggest assets trade above their long-term SMAs. If they trade below their long-term SMAs, they must be in a downtrend. For the crypto market, I decided to check the popular BitPanda Crypto Index BCI10. It contains the 10 biggest crypto currencies by market capitalization, and frankly, by only looking at BitCoin, Ethereum, Polkadot and maybe Binance, we already have most of the market covered (again, in

Advance Decline Line and Advanced vs. Declined for Dow Jones and Dax and S&P 500 and Euro Stoxx 50 and Nasdaq 100

 

Dow Jones Advance Decline Line and Advanced vs. Declined

 


 

Dax Advance Decline Line and Advanced vs. Declined


S&P 500 Advance Decline Line and Advanced vs. Declined



Euro Stoxx 50 Advance Decline Line and Advanced vs. Declined


 

Nasdaq 100 Advance Decline Line and Advanced vs. Declined

 


State: 19.07.2021 or 2021-07-19


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