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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

Working on a website for providing market breadth data

I have started to make plans regarding a simple website which presents market breadth data for "old school" stock indices and some crypto indices. Current situation Currently, a set of tools, a time-series database and a visualization tool run frequently to generate the results I've been presenting through screenshots on this blog. Those mechanics run on a little private server for my own analytics purposes. There is no way I can grant third parties access to my private server, so I have to screenshot the graphs and upload them in this blog. I realize that this is not a very good way of sharing information with you.  This is why I've been thinking about other ways to publish the results of my calculations for market breadth data. Setting the scope I'm doing a lot of thinking about what I actually want to present to my small audience: Do I want to present raw data only, being visualized by simple graphs? Do I want to present insights, e.g. by marking divergences or