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

Dax breadth: Members above SMA50, SMA100 and SMA200

Here is the delayed data for Dax market breadth data, percentage of members above their SMA50, SMA100 and SMA200:



Since the Dax declined two days in a row, this market breadth data should be more interesting then I receive the updated data tomorrow.

But at the moment this market breadth data shows no warning signs.

For the sake of completeness, here is also the Advance Decline Line and the Advanced vs. Declined data for the Dax:





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