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

TECDAX SDAX and MDAX Advance Decline Line and other market breadth data

 Just a quick reminder that you can view market breadth data, such as

  • TECDAX SDAX MDAX Advance Decline Line
  • TECDAX SDAX MDAX McClellan Oscillator
  • TECDAX SDAX MDAX McClellan Summation Index

on our new website for market breadth data.

Here are the links so you can directly head over to the relevant chart dashboards:

I think especially in this week the market breadth data for TECDAX is very interesting. The index shows a great strength and market breadth data is supporting the current development. 


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