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 for Nikkei 225 and Euro Stoxx 50

 Today I'll publish my data for the Advance Decline Line for Nikkei 225 and Euro Stoxx 50.

As you'll see, there are no clear signals besides that this breadth indicator confirms the price movements of each indicator.

Let's start with Nikkei 225:


Now let's head over to Euro STOXX 50:



Interested in the Advance Decline Line for Dax, Dow Jones, MDAX, NASDAQ 100, S&P500, SDAX and TecDax? Drop me a note or simply visit my Patreon page:

Breadth data for big stock indices on Patreon by Boersen Klaus

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