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.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.