Crypto Breadth % Above 200DMA

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This Pine Script indicator measures crypto market breadth by calculating the percentage of selected cryptocurrencies trading above their 200-day moving average (200DMA).

It tracks 10 major coins (BTC, ETH, BNB, SOL, XRP, ADA, DOGE, DOT, LINK, LTC), checks whether each coin’s price is above its 200-day SMA, and then computes the percentage of those coins that are in an uptrend.

The result is plotted as a breadth indicator (0–100%):

Above 70% → strong market breadth (many coins in uptrend)

Below 40% → weak breadth (few coins in uptrend)

Traders use it to gauge overall crypto market strength rather than a single coin’s performance.

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