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

Accepting Guest Blog Posts

Dear fellow bloggers,

sharing knowledge and ideas is a very important thing for me.

This is why I accept guest blog posts for our blog on market breadth, https://blog.advance-decline.net.

 

Here are the conditions for a guest blog post:

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Here are the rules for guest blog posts: 

  1. Language: English
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  3. Direct contact: All guest blog pitches must be from the author of the submission
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  9. Two Links: Do not place more than two relevant links

 

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