Crypto Breadth % Above 200DMA
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.
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.